Business
Business, 15.07.2020 02:01, saraagracee

On the basis of the following data related to current assets for Mission Co. at December 2016, prepare a partial balance sheet in good form. Cash and cash equivalents $100,000
Notes receivable 50,000
Accounts receivable 290,000
Allowance for doubtful accounts 20,000
Interest receivable 750
Merchandise inventory at lower-of-cost-(first-in, first-out method) or-market 120,000
Prepare a partial balance sheet in good form. Enter the assets in the order they are listed above.

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