Listed below are the preferred items for Klugman Company at December 31, 2008.
Finished goods inventory $35,000 Short-term investments $28,000
Cash 20,000 Raw materials inventory 12,000
Prepaid expenses 2,000 Work in process inventory 18,000
Accounts receivable 4,000 Supplies 500
Instructions
Make the current assets section of the balance sheet. (Comprise a complete heading.)