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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
E4-1Â Â Â Â Â Â Â Current Assets Listed here are certain accounts of the Jenkins Company at the end of 2007:
Â
|
Land |
$12,000 |
|
Prepaid insurance |
1,530 |
|
Cash on hand |
1,120 |
|
Notes receivable (due 2010) |
4,300 |
|
Cash in bank |
5,400 |
|
Allowance for doubtful accounts |
(1,100) |
|
Marketable securities (short-term) |
3,380 |
|
Accumulated depreciation |
(8,700) |
|
Accounts receivable |
15,600 |
|
Office supplies |
970 |
|
Buildings |
27,200 |
|
Inventory Required |
19,700 |
Prepare the current asset section of Jenkins’ balance sheet.
Â
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