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The current asset sections of the balance sheets of three companies follow. Which company is a service company? Which is a merchandiser? Which is a
The current asset sections of the balance sheets of three companies follow. Which company is a service company? Which is a merchandiser? Which is a manufacturer? How can you tell? Try Snip & Sket i (Click the icon to view the current assets.) X X - Treme is a because it has More info Y - Not? is a because it has X-Treme Y-Not? Zesto Zesto is a because it has Cash $ 2,500 Cash . . . . .. $ 3,000 Cash $ 2,000 Accounts receivable . . . 5,500 Accounts receivable 6,000 Accounts receivable 5,000 Inventory . . . 8,000 Prepaid expenses 500 Raw materials inventory .. 1,000 Prepaid expenses 300 Total $ 9,500 Work in process inventory 800 Total $ 16,300 Finished goods inventory 4,000 Total $ 12,800 . . . . . . . . . . . . . . . . Print Done
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