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Hendrickson Corporation's trial balance for July 31, the end of its fiscal year, included the following accounts: Accounts Receivable Inventories Copyright Investments Prepaid Insurance Note receivable, due in two years Cash in Bank Investments are treasury bills that were purchased in May and mature on August 15. Prepaid insurance is a threeyear policy that was purchased on July 31. The amount that should be classified as current assets in the July 31 balance sheet is .
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Hendrickson Corporation's trial balance for July 31, the end of its fiscal year, included the fol...
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