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Finished goods inventory 12500 accounts receivable 25000

Question - Partial balance sheet data for Ellison Company at December 31, 2008 are as follows:

Finished goods inventory $12,500

Prepaid insurance 6,000

Accounts receivable 25,000

Work in progress inventory 45,000

Supplies 15,000

Material Inventory 24,000

Cash 32,000

Prepare the current Assets section Of Ellison Company's balance sheet at December 31, 2008?

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Accounting Basics: Finished goods inventory 12500 accounts receivable 25000

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Accounting Basics: Finished goods inventory 12500 accounts receivable 25000

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