Culver Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $8,220, Land $40,800, Patents $16,000, Accounts Receivable $97,530, Prepaid Insurance $6,040, Inventory $34,900, Allowance for Doubtful Accounts $4,520, and Equity Investments (to be sold in the next quarter) $13,510. Prepare the current assets section of the balance sheet. (List Current Assets in order of liquidity.)

See explanation Section

Explanation:

             Culver Corporation

 Balance Sheet (Current Asset only)

        As at December 31, 2017

Particulars                         $                         $

Cash                                                        $8,220                

Accounts Receivable $97,530

Less: Allowance for

Doubtful Accounts       (4,520)             $93,010

Prepaid Insurance                                   $6,040

Inventory                                                $34,900

Equity Investments                                  $13,510

Current Assets                                     $155,680

Note: As equity investment will be sold in the next year, it is shown as current assets. Land and patents are property, plant, and equipment.

an important city to the south and the region's capital is c. kiev

i think the answer is a. science center.