Prepare the asset section of the classified balance sheet

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Reference no: EM13580898

Prepare the asset section of the classified Balance Sheet listing the current assets in order of their liquidity. Taken from a company's Dec 31, 2013 Balance

Inventory: $10000

Notes Receivable- due after Dec 31, 2014: $75000

Notes Receivable due before Dec 31, 2014: $480

Accumulated Depreciation- buildings: $27000

Patents: $1200

Buldings: $35000

Cash: $8000

Accounts Receivable: $1500

Debt investments- short term: $7000

Reference no: EM13580898

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