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Bad White [126]
3 years ago
5

A list of financial statement items for Blossom Company includes the following:

Business
1 answer:
cricket20 [7]3 years ago
5 0

Answer:

Total current assets            $83,580

Explanation:

The preparation of the current assets section of the balance sheet is shown below:

<u>Current Assets                  Amounts </u>

Cash                                   $22,360

Debt investments(short term) $17,360

Accounts receivables     $30,100

Supplies                             $8,170

Prepaid Insurance              $5,590

Total current assets            $83,580

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