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12 January, 06:06

Cash $10,100 $4,020 Accounts receivable 20,580 12,830 Short-term investments 22,020 29,750 Inventory 42,390 34,710 Prepaid rent 3,020 12,030 Prepaid insurance 2,100 89 Supplies 1,000 74 Land 125,640 176,140

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  1. 12 January, 09:07
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    Answer: All accounts are assets and the correct way to order them is as follows:

    Assets Year 1 Year 2

    Cash $10,100. $4,020

    Short-term investments $22,020 $29,750

    Accounts receivable $20,580 $12,830

    Inventory $42,390 $34,710

    Supplies $1,000 $74

    Current Assets $96090 $81384

    Land $125,640 $176,140

    Prepaid rent $3,020 $12,030

    Prepaid insurance $ 2,100 $89

    Non current assets $130760 $188259

    Total Assets $226850 $269643
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