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Prepare Current Assets section of Lawler balance sheet

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Reference no: EM132684397

Problem - Manufacturing company balance sheet

Partial balance sheet data for Lawler Company at December 31, 2012, are as follows:

Finished goods inventory $23,000

Prepaid insurance 23,000

Accounts receivable 60,000

Work in process inventory 90,000

Supplies $41,000

Materials inventory 50,000

Cash 64,000

Required - Prepare the Current Assets section of Lawler Company's balance sheet at December 31, 2012.

Reference no: EM132684397

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