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Current assets for two different companies at fiscal year-end 2017 are listed here. One is a manufacturer. Rayzer Skis Mfg, and the other, Sunrise Foods,

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Current assets for two different companies at fiscal year-end 2017 are listed here. One is a manufacturer. Rayzer Skis Mfg, and the other, Sunrise Foods, is a grocery distribution company Account Company Company Cash 19.000 $ 7.000 Raw materials Inventory Merchandise inventory 49,250 work in process inventory 30.000 Finished goods inventory 50.000 Accounts receivable, bet 63.000 2.000 Prepaid expenses 500 30 Required: (1) identity which set of numbers relates to the manufacturer and which to the merchandise (2) Prepare the current asset section for each comparvy from this information Complete this question by entering your answers in the tabs below. Reg 2 Reg 1 Reg2 Company 1 Company 2 Identity which set of numbers relates to the manufacturer and which to the merchandiset. Which of these company is manufacturer Which of these company is a merchandise 2 Company 1 Req2 Company > Soved > , > 41,250 44,250 Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 61,000 3,000 3e, eee 50, eee 82,000 6ee Required: (1) Identify which set of numbers relates to the manufacturer and which to the merchandiser. (2) Prepare the current asset section for each company from this information Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Company 1 Reg 2 Company 2 Prepare the current asset section for company 1 from this information Company 1 Sunrise Foods Balance Sheet-Current Asset Section December 31, 2017 Total current assets 0 trayed 9,000 >1,000 41,250 44,250 LOSTI Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 61,000 3,000 30,000 50,000 82,000 600 Required: (1) Identify which set of numbers relates to the manufacturer and which to the merchandiser, (2) Prepare the current asset section for each company from this information Complete this question by entering your answers in the tabs below. Req1 Reg 2 Company 1 Reg 2 Company 2 Prepare the current asset section for company 2 from this information Company 2 Rayzer Skis Mig Balance Sheet-Current Asset Section December 31, 2017 Total current assets s 0

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