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What amount should be included in the current assets section

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Reference no: EM132872790

Question - Janson Corporation Co.'s trial balance included the following account balances at December 31, 2021:

Accounts receivable $13,800

Inventory 41,000

Patent 12,100

Investments 31,500

Prepaid insurance 7,400

Notes receivable, due 2024 50,000

Investments consist of treasury bills that were purchased in November, 2021, and mature in January, 2022. The balance of prepaid insurance represents coverage over the next two years. What amount should be included in the current assets section of Janson's December 31, 2021, balance sheet?

Reference no: EM132872790

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