Homework Sourse2 202709 5805356 21867 1354 1 1 3 rt io 0082420890 212 5 ae
2 202709 5805356 21867 1354 1 1$ 3 rt io 0082420890 212 )5 ae ti ts In Ca 12345
Solution
Solution 1:
Note: As multiple questions are posted, i have answered first question as per chegg policy. Kindly post separate question for answer of remaining.
| Computation of Current Assets | |
| Particulars | Amount |
| Supplies | $37,800.00 |
| Cash | $170,250.00 |
| Note Receivables | $138,000.00 |
| Accounts receivables (Net) ($518400 - $7,800) | $510,600.00 |
| Prepaid insurance | $56,250.00 |
| Inventory | $1,580,250.00 |
| Trading securities | $73,200.00 |
| Total Current Assets | $2,566,350.00 |
