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9 Exercise 14-7 Balance sheet Identification and preparation LO C4 9 Current assets for two different companies et fiscal year-end are listed here. One is
9 Exercise 14-7 Balance sheet Identification and preparation LO C4 9 Current assets for two different companies et fiscal year-end are listed here. One is manufacturer, Rayzer Sids Vig, and the other Sunrise Foods, is a grocery distribution company Account Company 1 Company 2 Cash $14.00 $12.00 Raw materials inventory 34,375 Merchandise Inventory 37,375 work in process Inventory 25,000 Finished goods Inventory Accounts receivable, net 66,00 Prepaid expenses 45. Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser 21. & 2. Prepare the current asset section for each company from this Information Answer is not complete. Complete this question by entering your answers in the tabs below. Aug 24, Prepare the current asset section for Company 2 from this information. Rayzer Ski Mfg. Balance sheet Current Accet section Ficoal Year and Accounts receivable Cash Finished goods inventory Prepaid expenses Raw materials inventory Work in process inventory OOOOOO Total currents
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