Partial balance sheet data for Berente Company at December 31, 2014, are as follows Prepare the Current Assets section of Berente Companys balance sheet at December 31,2014 Finished goods inventory Prepaid insurance Accounts receivable Work in process inventory $32,200 Supplies 22,000 Matrials inve...

BERENTE COMPANY Balance Sheet December 31 2014 Cu ...

Partial balance sheet data for Berente Company at December 31, 2014, are as follows: Prepare the Current

Question:

Partial data for Berente Company at December 31, 2014, are as follows:

Partial balance sheet data for Berente Company at December 31,

Prepare the Current Assets section of Berente Company€™s balance sheet at December 31,2014.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...