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3 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. 2
3 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. 2 points Company 1 $ 13,000 42,875 Company 2 $ 11,000 Account Cash Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 39,875 29,000 49,000 76,000 700 eBook 57,000 3,500 00 Hint 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser 2a. & 2b. Prepare the current asset section of the balance sheet at December 31 for each company. Print Complete this question by entering your answers in the tabs below. References Reg 1 Req 2A Req 2B Identify which set of numbers relates to the manufacturer and which to the merchandiser. Which of these company is a manufacturer? Which of these company is a merchandiser? 3 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. Bont 2 points Company 1 $ 13,000 42,875 Company 2 $ 11,000 Account Cash Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 39,875 29,000 49,000 76,000 eBook 57,000 3,500 700 Hint 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 2a. & 2b. Prepare the current asset section of the balance sheet at December 31 for each company. Print Complete this question by entering your answers in the tabs below. References Reg 1 Reg 2A Req 2B Prepare the current asset section of the balance sheet at December 31 for Company 1. Sunrise Foods Current Assets Section of Balance Sheet December 31 3 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. 2 points Company 1 $ 13,000 42,875 Company 2 $ 11,000 Account Cash Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 39,875 29,000 49,000 76,000 700 eBook 57,000 3,500 Hint 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 21. & 2b. Prepare the current asset section of the balance sheet at December 31 for each company. Print Complete this question by entering your answers in the tabs below. References Req 1 Req 2A Req 2B Prepare the current asset section of the balance sheet at December 31 for Company 2. Rayzer Skis Manufacturing Current Assets Section of Balance Sheet December 31
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