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Your answer is partially correct. Try again. Included in the December 31 trial balance of Rivera Company are the following assets. Cash $ 190,000 Work
Your answer is partially correct. Try again. | |
Included in the December 31 trial balance of Rivera Company are the following assets.
Cash | $ 190,000 | Work in process | $200,000 | |||
---|---|---|---|---|---|---|
Equipment (net) | 1,100,000 | Accounts Receivables (net) | 400,000 | |||
Prepaid insurance | 41,000 | Patents | 110,000 | |||
Raw materials | 335,000 | Finished goods | 170,000 |
Prepare the current assets section of the December 31 balance sheet. (List Current Asse
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RIVERA COMPANY Balance Sheet (Partial) December 31 Current Assets Cash 190,000 Accounts Receivable 41,000 Cost of Goods Sold Prepaid Insurance 41,000 Raw Materials Inventor 335,000 Finished Goods Invento 170,000 705,000 Work-in-Process 200,000 Current Assets 1,336,000 Click if you would like to show Work for this question: Onen Show WorkStep by Step Solution
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