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Manufacturing Company Balance Sheet Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $89,400 Prepaid insurance 9,000
Manufacturing Company Balance Sheet
Partial balance sheet data for Diesel Additives Company at August 31 are as follows:
Finished goods inventory | $89,400 |
Prepaid insurance | 9,000 |
Accounts receivable | 348,200 |
Work in process inventory | 61,100 |
Supplies | 13,800 |
Materials inventory | 26,800 |
Cash | 167,500 |
Prepare the Current assets section of Diesel Additives Companys balance sheet at August 31.
Diesel Additives Company | ||
Balance Sheet | ||
August 31 | ||
Current assets: | ||
$ | ||
Inventories: | ||
$ | ||
Total inventories | ||
Total current assets | $ |
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