A list of financial statement items for Maloney Company at June 30, 2022 includes the following: $5,400 1,800 Accounts receivable Cash Debt investments $19,500 22,400 6,200 Prepaid insurance Supplies Prepare the current assets section of the June 30, 2022 balance sheet listing the items in the proper sequence.
A list of financial statement items for Maloney Company at June 30, 2022 includes the following: $5,400 1,800 Accounts receivable Cash Debt investments $19,500 22,400 6,200 Prepaid insurance Supplies Prepare the current assets section of the June 30, 2022 balance sheet listing the items in the proper sequence.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Q2:
A list of financial statement items for Maloney Company at June 30, 2022 includes the following:
Prepaid insurance
Supplies
Accounts receivable
$19,500
22,400
6,200
$5,400
1,800
Cash
Debt investments
Prepare the current assets section of the June 30, 2022 balance sheet listing the items in the
proper sequence.
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