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Check my work Current assets for two different companies at fiscal year-end are listed here. One is a manufacturer, Rayzer Skis Mfg., and the
Check my work Current assets for two different companies at fiscal year-end are listed here. One is a manufacturer, Rayzer Skis Mfg., and the other, Sunrise Foods, is a grocery distribution company. Cash Account Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory Company 1 Company 2 $13,000 $11,000 39,875 42,875 29,000 49,000 Accounts receivable, net 60,000 68,000 Prepaid expenses 4,000 800 Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 2a. & 2b. Prepare the current asset section for each company from this information. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Identify which set of numbers relates to the manufacturer and which to the merchandiser. Which of these company is manufacturer Which of these company is a merchandiser Req 2A > Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchandis 2a. & 2b. Prepare the current asset section for each company from this information. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Prepare the current asset section for Company 1 from this information. Sunrise Foods Balance Sheet-Current Asset Section Fiscal Year-end Total current assets $ 0 < Req 1 Req 2B >> Req 1 Req 2A Req 2B Prepare the current asset section for Company 2 fro Rayzer Skis Mfg. Balance Sheet-Current Asset Section Fiscal Year-end Total current assets $ 0 < Req
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