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Use the following list of accounts to determine the amount that should be reported as total current assets on the balance sheet. Accounts Receivable
Use the following list of accounts to determine the amount that should be reported as total current assets on the balance sheet. Accounts Receivable $15,000 Allowance for Uncollectible Accounts (5,000) Unearned Revenue 2,000 Inventory 11,000 Investment in trading securities which 21,000 the company intends to own for the next 3 months
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Accounting Introduction To Financial Accounting
Authors: Henry Dauderis, David Annand
1st Edition
1517089719, 978-1517089719
