Question

Prepare the current assets section of the balance sheet as of May 31, 2018, for Spices and More, Inc., using the following information: (Click the icon to view the information.) ASSETS Current assets: Choose from any list or enter any number in the input fields and then continue to the next question.

i Data Table s section , Inc., us the infor Accounts receivable.. 54,200 Petty cash Cash in bank accounts. ...21,400 Inventory. 300 ETS 85,800 uestio nter any Print Done

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Assets Current assets Petty cash Cash in bank account Account Receivable Inventory Total Current Assets 300 21,400 54,200 85,800 1,61,700

In the above Balance sheet Current assets are arranged based on liquidity of assets.

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