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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

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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, Account Company 1 Company 2 Cash $11,000 $ 9,000 Raw materials inventory 46,750 Merchandise inventory 49,750 Work in process inventory 34,000 Finished goods inventory 54,000 Accounts receivable, net 58,000 78,000 Prepaid expenses 3,000 600 Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser 21. & 2b. 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 2A Reg 20 Prepare the current asset section for Company 2 from this information Rayzer Skis Mfg. Balance Sheet-Current Asset Section Fiscal Year-end

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