Reference no: EM133100065

Question - Show how this company reports current assets on the balance sheet. Not all the data are used. Is Lords a service? company, a? merchandiser, or a? manufacturer? How do you? know?

Cost of goods sold $104,000

Prepaid expenses $8,000

Direct labour 47,000

Marketing expense 30,000

Direct materials used 20,000

Work in process inventory 40,000

Accounts receivable 80,000

Manufacturing overhead 26,000

Cash 15,000

Finished goods inventory 63,000

Cost of goods manufactured 94,000

Raw materials inventory 10,000