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1.66 points End-of-year current assets for two different companies follow. One is a manufacturer, Rayzer Skis Manufacturing, and the other, Sunrise Foods, is a merchandiser

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1.66 points End-of-year current assets for two different companies follow. One is a manufacturer, Rayzer Skis Manufacturing, and the other, Sunrise Foods, is a merchandiser Account Cash Company 1 Company 2 $ 11,000 49,756 $9,000 46,750 Merchandise inventory Raw materials inventory Nork in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 34,000 54,000 00,000 3,500 65,000 700 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser 26. & 2b. Prepare the current asset section of the balance sheet at December 31 for each company Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 Reg A Reg 28 Prepare the current asset section of the balance sheet at December 31 for Company 1. Current Assets Section of Balance Sheet December 31 $65,000 Accounts receivable, net Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Prepare the current asset section of the balance sheet at December 31 for Company 1. Current Assets Section of Balance Sheet December 31 $65,000 X Accounts receivable, net Cash 9,000 x 46,750 X Raw materials inventory Work in process inventory 34,000 54,000 Finished goods inventory Prepaid expenses 700 $ Total current assets i 209,450 Req 28 > > >*

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