Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $14,100 Prepaid insurance 14,400 Accounts receivable 36,700 Work in process inventory 56,400 Supplies 25,400 Materials inventory 31,000 Cash 39,500 Prepare the Current assets section of Diesel Additives Company’s balance sheet at August 31.
Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $14,100 Prepaid insurance 14,400 Accounts receivable 36,700 Work in process inventory 56,400 Supplies 25,400 Materials inventory 31,000 Cash 39,500 Prepare the Current assets section of Diesel Additives Company’s balance sheet at August 31.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 10E: Manufacturing company balance sheet Partial balance sheet data for Diesel Additives Company at...
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Partial
Finished goods inventory | $14,100 |
Prepaid insurance | 14,400 |
Accounts receivable | 36,700 |
Work in process inventory | 56,400 |
Supplies | 25,400 |
Materials inventory | 31,000 |
Cash | 39,500 |
Prepare the Current assets section of Diesel Additives Company’s balance sheet at August 31.
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