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On the basis of the following data related to assets due within one year for simmons Co. prepared partial balance sheet in good from at december 31, show total current asset  Cash                                     96,000 Notes receivable                  50,000 Accounts receivable              275,000 Allowance for Doubtfull Account 40,000 Interest Receivable                1,000

On the basis of the following data related to assets due within one year for simmons Co. prepared partial balance sheet in good from at december 31, show total current asset  Cash                                     96,000 Notes receivable                  50,000 Accounts receivable              275,000 Allowance for Doubtfull Account 40,000 Interest Receivable                1,000

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....
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On the basis of the following data related to assets due within one year for simmons Co. prepared partial balance sheet in good from at december 31, show total current asset

 Cash                                     96,000

Notes receivable                  50,000

Accounts receivable              275,000

Allowance for Doubtfull Account 40,000

Interest Receivable                1,000

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