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Travel Now, Incorporated, reported total cash of $1,570 million at June 30, 2019. Of this amount, $30 million was set aside and could be used
Travel Now, Incorporated, reported total cash of $1,570 million at June 30, 2019. Of this amount, $30 million was set aside and could be used only for specific short-term purposes, as defined in legal contracts and regulations; $495 million was invested in money market funds and time deposits with original maturities of less than 90 days; and the remaining $1,045 million was held in bank accounts. Travel Now also reported $505 million in short-term investments (maturing in 90 to 360 days), $60 million of deferred revenue, $780 million of accounts receivable, and $265 million of prepaid insurance. TIP: Not all accounts listed are current assets. Required: Show the current assets section of Travel Now's balance sheet. (Enter your answers in millions.) Answer is not complete. TRAVEL NOW, INCORPORATED Balance Sheet (Partial) At June 30, 2019 (in millions) Current Assets $ 0
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