Chapter 2 Homework Asignme, × G The full disdosure priregie die. Q wiley pks que

Question

Chapter 2 Homework Asignme, × G The full disdosure priregie die. Q wiley pks quetmt esam 1 pla x M w rkly us.com/courses/11192/assignments/828335 A list of financial statement items for Blossom Company includes the following: accounts receivable $ 29,400: prepaid insurance $ 5,460, cash $ 21,840, supplies $ 7,980, and debt investments (short-term) $ 17.220 Prepare the current assets section of the balance sheet listing the items in the proper sequence. (List current assets in order of liquidity) Blossom Company Partial Balance Sheet List of Accounts Attempts: 0 of 3 used

Explanation / Answer

Blossom Company

Partial Balance Sheet

Current assets Cash $21,840 Debt investments $17,220 Accounts receivable $29,400 Supplies $7,980 Prepaid insurance $5,460 Total current assets $81,900

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