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Koch Corporation's adjusted trial balance contained the following asset accounts at December 31, 2012: Cash $8,890; Land $48,050; Patents $20,610; Accounts Receivable $97,870; Prepaid Insurance $5,690; Inventory $37,570; Allowance for Doubtful Accounts $4,540; Equity Investments (trading) $13,150.

Prepare the current assets section of the balance sheet.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9978980

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