Prepare the current assets section of the balance sheet for Gavin Company. Assume that in addition to the receivables it has cash of $90,000, inventory of $130,000, and prepaid insurance of $7,500....


Prepare the current assets section of the balance sheet for Gavin Company. Assume that in addition to the receivables it has cash of $90,000, inventory<br>of $130,000, and prepaid insurance of $7,500. (List Current Assets in order of liquidity.)<br>Gavin Company<br>Balance Sheet (Partial)<br>2$<br>: :<br>

Extracted text: Prepare the current assets section of the balance sheet for Gavin Company. Assume that in addition to the receivables it has cash of $90,000, inventory of $130,000, and prepaid insurance of $7,500. (List Current Assets in order of liquidity.) Gavin Company Balance Sheet (Partial) 2$ : :

Jun 10, 2022
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