The current assets and current liabilities sections of the balance sheet of oriole company appear as follows. ORIOLE COMPANY BALANCE SHEET (PARTIAL) DECEMBER 31, 2017 41,700 Accounts payable 65,040 70,200 $135,240 Cash Accounts receivable $96,400 Notes payable 89,320 177,510 8,980 $317,510 Less: Allowance for doubtful accounts 7,080 Prepaid expenses The following errors in the corporation's accounting have been discovered 1. January 2018 cash disbursements entered as of December 2017 included payments of accounts payable in the amount of $43,500, on which a cash discount of 2% was taken. 2. The inventory included $31,970 of merchandise that had been received at December 31 but for which no purchase invoices had been received or entered. Of this amount, $10,290 had been received on consignment; the remainder was purchased f.o.b. destination, terms 2/10, n/30 3. Sales for the first four days in January 2018 in the amount of $30,560 were entered in the sales journal as of December 31, 2017. of these, s21,170 were sales on account and the remainder were cash sales. 4. Cash, not including cash sales, collected in January 2018 and entered as of December 31, 2017, totaled $33,756. Of this amount, $21,756 was received on account after cash discounts of 2% had been deducted; the remainder represented the proceeds of a bank loan. Your answer is incorrect. Try again Calculate the following adjusted balances. Cash 19428 Accounts Receivable Accounts Payable Notes Payable Your answer is partially correct. Try again. Restate the current assets and current liabilities sections of the balance sheet in accordance with good accounting practice. (Assume that both accounts receivable and accounts payable are recorded gross.) (List Current Assets