Partial balance sheet data for Diesel Additives Company at August 31 are as follows:Finished goods inventory $ 89,400 Supplies $ 13,800Prepaid insurance 9,000 Materials inventory 26,800Accounts receivable 348,200 Cash 167,500Work in process inventory 61,100Prepare 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 $ 89,400 Supplies $ 13,800Prepaid insurance 9,000 Materials inventory 26,800Accounts receivable 348,200 Cash 167,500Work in process inventory 61,100Prepare 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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Finished goods inventory $ 89,400 Supplies $ 13,800
Prepaid insurance 9,000 Materials inventory 26,800
Accounts receivable 348,200 Cash 167,500
Work in process inventory 61,100
Prepare the Current assets section of Diesel Additives Company’s balance sheet at August 31.
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