ACC 421 Week 3 Individual Brief Exercise 5-1 (with Excel File)
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- ACC 421 Lt Week 3 Individual Brief Exercise 5-1.xlsx
This Tutorial contains Excel File which can be used to solve for any values Exercise 5-1: Pronghom corporation has the following accounts included in its December 31, 2017, trial balance: Accounts receivable $110,600, Inventory $293,500, Allowance for Doubtful Accounts $9,450, Patents $72,500, prepaid insurance $9,590, Accounts payable $81,200 and cash $30,200. Prepare the current assets section of the balance sheet.
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