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Requirement 1. Show the ending inventories that would appear on the balance sheet of Patricia's Posies at December 31, 2019. (If an input field is
Requirement 1. Show the ending inventories that would appear on the balance sheet of Patricia's Posies at December 31, 2019. (If an input field is not used in the statement lave the input field empty, do not select a label or enter a zero) Patricia's Posios Balance Sheet (Partial) December 31, 2010 Requirement 2. Show the ending inventories that would appear on the balance sheet of Floral Manufacturing at December 31, 2020. Floral Manufacturing Balance Sheet (Partial) December 31, 2020 More Info 1. Patricia's Posies at December 31, 2019 Floral Manufacturing at December 31, 2020 2. Print Done At the end of December 2020, her accounting records show the following: $ ..... $ Utilities for plant 4,600 Delivery expense 4,200 Sales salaries expense $ 4,800 $ Plant janitorial services 1,150 Work in process inventory, December 31, 2020 $ 6,000 Finished goods inventory, December 31, 2019 ..... $ 0 Finished goods inventory, December 31, 2020 $ 5,000 Sales revenue $ 102,000 Customer service hotline expense $ 1,600 Direct labor $ 21,000 Direct material purchases $ 39,000 Rent on manufacturing plant $ 8,200 Raw materials inventory, December 31, 2019 ... ... $ 17,000 Raw materials inventory, December 31, 2020 ...... $ 10,500 .... . Data Table On December 31, 2019, her accounting records show the following: Sales revenue ---- $ 50,000 Utilities for shop .... $ 1,700 Inventory on December 31, 2019... $ 9,400 Inventory on January 1, 2019 ..... $ 12,300 Rent for shop $ 3,200 Sales commisions $ 4,500 Purchases of merchandise ......$ 35,000 $ Print Done
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