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Sweetwater Corporation reported the following selected accounts and amounts at November 30, 2021: $ 21,230 Accounts payable Accounts receivable 17,080 2,740 1,250 Advances to employees
Sweetwater Corporation reported the following selected accounts and amounts at November 30, 2021: $ 21,230 Accounts payable Accounts receivable 17,080 2,740 1,250 Advances to employees Allowance for doubtful accounts Allowance for doubtful notes (current) Bad debts expense 4,700 1,880 Cash 7,050 Interest expense 2,270 Interest income 5,640 Inventory 24,830 Notes receivable (current) 23,500 70,500 Notes receivable (non-current) Prepaid insurance 1,410 Sales 347,800 Sales tax recoverable 2,940 Prepare the current assets section of Sweetwater's statement of financial position. (List Assets in order of liquidity. Record Accounts Receivable before Notes Receivable.) SWEETWATER CORPORATION Statement of Financial Position (Partial) November 30, 2021 Assets Cash $ Less : Prepaid Rent Notes Receivable $
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