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Prepare current assets section of diesel additives company

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Reference no: EM132978079

Manufacturing Company Balance Sheet

Partial balance sheet data for Diesel Additives Company at August 31 are as follows:

Finished goods inventory $14,000

Prepaid insurance 14,300

Accounts receivable 36,400

Work in process inventory 56,000

Supplies 25,200

Materials inventory 30,800

Cash 39,200

Problem 1: Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31

Reference no: EM132978079

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