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Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses Company $ 6,000 41,500 Company
Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses Company $ 6,000 41,500 Company 2 $ 4,000 38,500 28,000 48,000 58,000 80,000 5,000 1,000 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. Answer is not complete. 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? Company 2 Company 1 Current Assets Section of Balance Sheet December 31 Total current assets 69 $ 0 Current Assets Section of Balance Sheet December 31 Total current assets 69 $ 0
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