Help with Accounting Question (4-29)
May 29th, 2022
The balance sheet debit column of the worksheet for Hamidi Company
includes the following accounts: Accounts Receivable $12,163; Prepaid
Insurance $3,711; Cash $4,361; Supplies $5,560, and Debt Investments
(short-term) $5,741.
Prepare the current assets section of the balance sheet, listing the accounts in proper sequence. (List current assets in order of liquidity.)
For total current assets I am coming up with a total of $31,806 is this correct?