Exercise 14-11

Balance sheet identification and preparation LO P1

Exercise 14-11 (Algo) Balance sheet identification and preparation LO P1 End-of-year current assets for two different companies follow. One is a manufacturer, Rayzer Skis Manufacturin Foods, is a merchandiser. 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 2a. \& 2b. Prepare the current asset section of the balance sheet at December 31 for each company. Complete this question by entering your answers in the tabs below. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 1. Identify which set of numbers relates to the manufacturer and which to the merchand 2a. \& 2b. Prepare the current asset section of the balance sheet at December 31 for ea Complete this question by entering your answers in the tabs below. Prepare the current asset section of the balance sheet at December 31 for Company 1 . 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 2a. \& 2b. Prepare the current asset section of the balance sheet at December 31 for each co Complete this question by entering your answers in the tabs below. Prepare the current asset section of the balance sheet at December 31 for Company 2