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The following data relates to the assets due within one year for Webb Co. Cash $96,000 Notes receivable 50,000 Accounts receivable 275,000 Allowance for doubtful

The following data relates to the assets due within one year for Webb Co.

Cash $96,000

Notes receivable 50,000

Accounts receivable 275,000

Allowance for doubtful accounts 40,000

Interest receivable 1,000

Based on the data above, prepare a partial balance sheet in good form at December 31. Show total current assets.

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