The current asset sections of the balance sheets of three companies follow. Which company is a service
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Madison Company Cash Accounts receivable Raw materials inventory Work in process inventory Finished goods inventory Anderson Company $3,000 Dean Company $ 2.400 6,500 $ 3,000 4,000 2,000 Cash Cash Accounts receivable Accounts receivable Prepaid expenses 5,000 8,000 300 600 Inventory Prepaid expenses 900 Total $8,600 4,000 Total $17,200 Total $13,900
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Madison Co is a manufacturer because it has three kinds ...View the full answer
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