Culver Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $8,780, Land $48,700, Patents $16,100, Accounts Receivable $90,860, Prepaid Insurance $5,820, Inventory $34,500, Allowance for Doubtful Accounts $4,050, and Equity Investments (to be sold in the next quarter) $12,500. Prepare the current assets section of the balance sheet.

Balance sheet [as on ]

Particular                                                  Amount    Amount

Assets

Current Assets

Cash                                                                           $8,780

Accounts Receivable                             $90,860

Less: Allowance for Doubtful Accounts $4,050     $86,810

Prepaid Insurance                                                     $5,820

Inventory                                                                    $34,500

Equity Investments                                                    $12,500

Total Current assets                                                  $148,410

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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