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Sheridan Corporation has the following accounts included in its December 31, 2020, trial balance: Accounts Receivable $111,400, Inventory $294,300, Allowance for Doubtful Accounts $9,090, Patents
Sheridan Corporation has the following accounts included in its December 31, 2020, trial balance: Accounts Receivable $111,400, Inventory $294,300, Allowance for Doubtful Accounts $9,090, Patents $80,700, Prepaid Insurance $9,520, Accounts Payable $82,100, and Cash $31,000. Prepare the current assets section of the balance sheet. (List Current Assets in order of liquidity.) SHERIDAN CORPORATION Balance Sheet (Partial) $ $ V $
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