Prepare the current assets section


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

Finished goods inventory 12500
Prepaid Insurance 6000
Accounts receivable 25,000
work in process inventory 45000
Supplies 15000
Materials Inventory 24000
Cash 32000

Prepare the Current Assets section of Ellison Company's balance sheet at December 31,2008

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Accounting Basics: Prepare the current assets section
Reference No:- TGS062254

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