(Algo) Balance sheet identification and preparation LO P1 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 Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods Inventory Accounts receivable, net Prepaid expenses Company 1 Company 2 $ 11,000 $9,000 45,625 42,625 31,000 51,000 68,000 85,000 4,000 500 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser 20. & 2b. Prepare the current asset section of the balance sheet at December 31 for each company Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 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? Req 2A > Pehandise Inventory Raw materials inventory 45,625 42,625 Work in process inventory 31,000 Finished goods inventory 51,000 Accounts receivable, net 68,000 85,000 Prepaid expenses 4,000 800 1. Identify which set of numbers relates to the manufacturer and wh 20. & 2b. Prepare the current asset section of the balance sheet at Complete this question by entering your answers in the tabs b Req 1 Req 2A Req 28 Prepare the current asset section of the balance sheet at December 31 fc Current Assets Section of Balance Sheet December 31 Total current assets Prepaid expenses 43 800 1. Identify which set of numbers relates to the manufacturer an 2a. & 2b. Prepare the current asset section of the balance shee Complete this question by entering your answers in the ta Req 1 Req 2A Req ZB Prepare the current asset section of the balance sheet at December Current Assets Section of Balance Sheet December 31 Total current assets < Req 2A