Essay
The following are the current assets of Barnes Co. as of December 31:?Accounts receivable$ 38,000Allowance for doubtful accounts5,000Cash45,000Interest receivable5,500Merchandise inventory88,000Notes receivable100,000?Prepare the Current assets section of the balance sheet.
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Barnes Co.
Balance Sheet
December 31
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Correct Answer:
Verified
Balance Sheet
December 31
Ass...
View Answer
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