ROLAND COMPANYBalance Sheet+A$ In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020.Accounts receivableCashFinished goodsPrepaid expensesRaw materialsWork in process$214,00065,00088,00039,00091,00094,000Prepare the current assets section. (List Current Assets in order of liquidity.)

The balance sheet represents the Financial position of the business with assets and liabilities on a…

alphabetical order below are current asset items for Roland Company's balance sheet at Decemb Accounts receivable Cash Finished goods repaid expenses aw materials Work in process $214,000 65,000 88,000 39,000 91,000 94,000

alphabetical order below are current asset items for Roland Company's balance sheet at Decemb Accounts receivable Cash Finished goods repaid expenses aw materials Work in process $214,000 65,000 88,000 39,000 91,000 94,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020.
Accounts receivable
Cash
Finished goods
Prepaid expenses
Raw materials
Work in process
$214,000
65,000
88,000
39,000
91,000
94,000
Prepare the current assets section. (List Current Assets in order of liquidity.)

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