7 ints Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts

Question

7 ints Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable net Prepaid expenses Req 1 Company 1 7 000 44 250 Req 2A 41 250 30 000 50 000 80 000 800 1 Identify which set of numbers relates to the manufacturer and which to the merchandiser 2a 2b Prepare the current asset section of the balance sheet at December 31 for each company Req 2B Company 2 5 000 64 000 4 000 Complete this question by entering your answers in the tabs below Answer is complete but not entirely correct Prepare the current asset section of the balance sheet at December 31 for Company 1 Current Assets Section of Balance Sheet December 31 R

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