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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 $ 7,000 $ 5,000 42,000 45,000 30,000 50,000 62,000 75,000 1,500 900 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 Req 28 Identify which set of numbers relates to the manufacturer and which to the merchandiser. Which of these company is manufacturer Which of those company is a merchandiser Reg 2A> Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 62,000 1,500 30,000 50,000 75,000 900 Required: 1. Identify which set of numbers relates to the manufacturer and which to the merch 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 Req 2A Req 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 Account Cash Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses Company 1 Company z $ 7,000 $ 5,000 42,000 45,000 30,000 50,000 62,000 75,000 1,500 900 Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchar 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 Req 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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