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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 Cash Raw materials inventory Merchandise inventory Work in process inventory Finished goods Inventory Accounts receivable, net Prepaid expenses Company Company 2 $ 6,000 $ 4,000 46,750 49,750 34,000 54,000 61,000 75,000 4,500 900 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 2 Reg 1 Req 2 Company 1 Company 2 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 Company 1 Sunrise Foods Balance Sheet-Current Asset Section December 31, 2017 es Total current assets Company 2 Rayzer Skis Mfg. Balance Sheet-Current Asset Section December 31, 2017 Total current assets

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