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