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Company 1 $ 14,000 41,500 Company 2 $ 12,000 Account Cash Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable,

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Company 1 $ 14,000 41,500 Company 2 $ 12,000 Account Cash Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 38,500 28,000 48,000 70,000 69,000 3,500 700 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 2a. & 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 2B Prepare the current asset section of the balance sheet at December 31 for Company 1. Sunrise Foods Current Assets Section of Balance Sheet December 31 s 0 Total current assets Company 1 $ 14,000 41,500 Company 2 $ 12,000 Account Cash Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 38,500 28,000 48,000 70,000 700 69,000 3,500 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser 2a. & 2b. Prepare the current asset section of the balance sheet at December 31 for each con Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Prepare the current asset section of the balance sheet at December 31 for Company 2. Rayzer Skis Manufacturing Current Assets Section of Balance Sheet December 31 Total current assets 0

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