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Homework answers / question archive / 1)A balance sheet account that is usually reported at its fair market value is short-term marketable securities O accounts receivable O property, plant, and equipment O inventory 2)Joanna makes organic jams and sells them to customers at local craft markets

1)A balance sheet account that is usually reported at its fair market value is short-term marketable securities O accounts receivable O property, plant, and equipment O inventory 2)Joanna makes organic jams and sells them to customers at local craft markets

Accounting

1)A balance sheet account that is usually reported at its fair market value is short-term marketable securities O accounts receivable O property, plant, and equipment O inventory

2)Joanna makes organic jams and sells them to customers at local craft markets. Joanna is using a[n). marketing channel Multiple Choice 1:38 horizontal vertical direct Indirect

3)The balance sheet debit column of the worksheet for Bridgeport Company includes the following accounts: Accounts Receivable $11,800; Prepaid Insurance $3,600; Cash $4,800; Supplies $5,700, and Debt Investments (short-term) $6,900. Prepare the current assets section of the balance sheet, listing the accounts in proper sequence. (List Current Assets in order of liquidity.) Bridgeport Company Partial Balance Sheet Current Assets Total Current Assets $

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1)

Answer: short-term marketable securities

Explanation:

The fair market value is the price someone would pay for an assets in an arms length transaction.

So, correct option is short-term marketable securities.

2)PLEASE SEE THE ATTACHED FILE.

3)

Bridgeport company partial balance sheet

Current assets:-  
Cash $4800
Debt investments $6900
Account receivable $11800
Supplies $5700
Prepaid insurance $3600
   
Total current assets $32800