Kimmel Financial Accounting 8e FUNDAMENTALS OF ACCOUNT Assig

Kimmel, Financial Accounting, 8e FUNDAMENTALS OF ACCOUNT Assignment Gradebook ORION Downloadable eTextbook nt CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION Brief Exercise 2-2 [1] Your answer is partially correct. Try again. A list of financial statement items for Bramble Corp, includes the following: accounts receivable $23,100; prepaid ins $4,290; cash $17,160; supplies $6,270; and debt investments (short-term) $13,530. Prepare the current assets section of the balance sheet listing the items in the proper sequence. (List current asset order of liquidity.) Bramble CorD Partial Balance Sheet 7.160 Cash Accounts Receivable 290 Prepaid Insurance 270 Supplies men Total Assets SAMSUNG

Solution

Bramble Corp

Partial Balance Sheet

Current Assets

Cash

          17,160

Debt Investments (Short Term)

          13,530

Accounts Receivable

          23,100

Supplies

            6,270

Prepaid Insurance

            4,290

Total Current Assets

          64,350

Bramble Corp
Partial Balance Sheet
Current Assets
Cash	17,160
Debt Investments (Short Term)	13,530
Accounts Receivable	23,100
Supplies	6,270
Prepaid Insurance	4,290
Total Current Assets	64,350