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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 Cash Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses Company 1 Company 2 $13,000 $11,000 38,500 41,500 28,000 48,000 56,000 77.000 3,500 700 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. Reg 1 Reg 2A Reg 28 Prepare the current asset section for Company from this information Sunrise Foods Balance Sheet-Current Asset Section Fiscal Year-end Total current assets Account Cash Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses Company 1 Company 2 $13,000 $11,000 38,500 41,500 28,000 48, see 56,000 77,000 3,500 700 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 Reg 2A Reg 28 Prepare the current asset section for Company 2 from this information. Rayzer Skis Mfg Balance Sheet-Current Asset Section Fiscal Year-end Total current assets

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