Kimmel, Financial Accounting, 8e FUNDAMENTALS OF ACCOUNT Assignment Gradebook OR

Q: Kimmel, Financial Accounting, 8e FUNDAMENTALS OF ACCOUNT Assignment Gradebook OR

Bramble Corp Partial Balance Sheet Current Assets Cash 17,160 Debt Investments (Short Term) 13,530 Accounts Receivable 23,100 Supplies 6,270 Prepaid Insurance 4,290 Total Current Assets 64,350 Bramble Corp Partial Balance Sheet Current Assets Cash 17,160 Debt Investments (Short Term) 13,530 Accounts Receivable 23,100 Supplies 6,270 Prepaid Insurance 4,290 Total Current Assets 64,350

ID: 2609103 • Letter: K

Question

Kimmel, Financial Accounting, 8e FUNDAMENTALS OF ACCOUNT Assignment Gradebook ORION Downloadable eTextbook nt CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION Brief Exercise 2-2 [1] Your answer is partially correct. Try again. A list of financial statement items for Bramble Corp, includes the following: accounts receivable $23,100; prepaid ins $4,290; cash $17,160; supplies $6,270; and debt investments (short-term) $13,530. Prepare the current assets section of the balance sheet listing the items in the proper sequence. (List current asset order of liquidity.) Bramble CorD Partial Balance Sheet 7.160 Cash Accounts Receivable 290 Prepaid Insurance 270 Supplies men Total Assets SAMSUNG

Explanation / Answer

Bramble Corp

Partial Balance Sheet

Current Assets

Cash

17,160

Debt Investments (Short Term)

13,530

Accounts Receivable

23,100

Supplies

6,270

Prepaid Insurance

4,290

Total Current Assets

64,350