5. Mr. X recently received the following information related to X Company's December 31, 2020, balance sheet Inventories
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5. Mr. X recently received the following information related to X Company's December 31, 2020, balance sheet Inventories
Company's December 31, 2020, balance sheet Inventories $ 2,900 Short-term investments $ 120 Cash 13,400 Accumulated depreciation 5,700 Equipment 21,700 Accounts receivable 4,300 Investments in stock (long-term) 6,500 Required: Prepare the assets section of X Company's classified balance sheet. Mark: 2
5. Mr. X recently received the following information related to X