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Prepare the current assets section of the balance sheet

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Question - Coronado Corporation has the following accounts included in its December 31, 2017, trial balance: Accounts Receivable $112,200, Inventory $295,900, Allowance for Doubtful Accounts $9,850, Patents $75,400, Prepaid Insurance $9,590, Accounts Payable $81,800, and Cash $27,900.

Prepare the current assets section of the balance sheet. (List Current Assets in order of liquidity.)

Reference no: EM131652401

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