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CALCULATOR PRINTER VERSION BACK NT RESOURCES Exercise 7-3 Homewor'k Your answer is partially correct. Try again. 2.9 Teal Company shows a balance of $203,360 in the Accounts Receivable account on December 31, 2017. The balance consists of the following. installment accounts due in 2018 Installment accounts due after 2018 Overpayments to vendors Due from regular customers, of which $39,370 represents accounts pledged as security for a bank loan Advances to employees Advance to subsidiary company (due in 2018) $29,300 39,900 3,330 82,700 1,900 85,600 Score Ililustrate how the information above should be shown on the balance sheet of Teal Company on December 31, 2017. Assume that installment accounts colectible due after December 31, 2018 (Customers) are colectible within the operating cycle of the business 82700 Accounts Collectible due in 29300
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