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9 Exercise 14-7 Balance sheet Identification and preparation LO C4 Da 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 Da Current assets for two different companies et fiscal year-end are listed here. One is manufacturer, Rayzer Sids Vig, and the other Sunrise Foods, so grocery distribution company Account Company 1 Company 2 $14,820 Raw materials Inventory 34,375 Merchandise inventory 37,375 work in process Inventory 25,00 Finished goods inventory 45,00 Accounts receivable, net 55, Prepaid expenses Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser 28.& 2b. 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. R2A R20 Prepare the current asset section for Company 1 from this information. Sunrica Foods Balance Sheet-Current Accat Section Ficoal Year-end Accounts receivable OOOO Merchandise inventory Prepaid expenses Total current assets 15
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