EX 16-11 Manufacturing company balance sheet Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Supplies Materials inventory Cash $ 13,800 26,800 167,500 Obj. 4 Finished goods inventory $ 89,400 Prepaid insurance 9,000 Accounts receivable 348,200 Work in process inventory 61,100 Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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EX 16-11 Manufacturing company balance sheet
Partial balance sheet data for Diesel Additives Company at August 31 are as follows:
Supplies
Materials inventory
Cash
$ 13,800
26,800
167,500
Obj. 4
Finished goods inventory
$ 89,400
Prepaid insurance
9,000
Accounts receivable
348,200
Work in process inventory
61,100
Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31.
Transcribed Image Text:EX 16-11 Manufacturing company balance sheet Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Supplies Materials inventory Cash $ 13,800 26,800 167,500 Obj. 4 Finished goods inventory $ 89,400 Prepaid insurance 9,000 Accounts receivable 348,200 Work in process inventory 61,100 Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31.
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