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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 $15,000 $13,000 Raw materials inventory 37,125 Merchandise inventory 40,125 Work in process inventory 27,000 Finished goods inventory 47,000 Accounts receivable, net 57,000 80,000 Prepaid expenses 3,000 600 Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser 20. & 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 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 Reg 2A > LE 3 Prepaid expenses ,UUU 3,000 80,00 600 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 2A Reg 1 Req2A Reg 2B Prepare the current asset section for Company 1 from this information. Sunrise Foods Balance Sheet-Current Asset Section Fiscal Year-end Total current assets 40,12 Merliidiluise Ilvencury Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 27,000 47,000 80,000 600 57,000 3,000 Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchand 2a. & 2b. Prepare the current asset section for each company from this information. rint erences Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B .... 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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