Listed Here Are Certain Accounts of Jenkins Company at The

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Listed here are certain accounts of Jenkins Company at

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Listed here are certain accounts of Jenkins Company at the end of 2016:Account Debit
(Credit)Land....................... $12,000Prepaid Insurance.................. 1,530Cash on
Hand................... 1,120Notes Receivable (due 2016).............. 4,300Cash in Bank ....................
5,400Allowance for Doubtful Accounts............ (1,100)Marketable Securities (Short-Term)...........
3,380Accumulated Depreciation................ (8,700)Accounts Receivable.................. 15,600Office
Supplies................... 970Buildings..................... 27,200Inventory.....................
19,700Required:Prepare the current assets section of Jenkins’s balance sheet at the end of
2016.View Solution:
Listed here are certain accounts of Jenkins Company at the

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