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Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory Prepaid insurance Accounts receivable Work in process inventory Supplies Materials inventory Cash Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31. Diesel Additives Company Balance Sheet August 31 Line Item Description Amount Current assets: Inventories: Total inventories Total current assets $89,400 9,000 348,200 61,100 13,800 26,800 167,500 000 Amount 00 0000

Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory Prepaid insurance Accounts receivable Work in process inventory Supplies Materials inventory Cash Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31. Diesel Additives Company Balance Sheet August 31 Line Item Description Amount Current assets: Inventories: Total inventories Total current assets $89,400 9,000 348,200 61,100 13,800 26,800 167,500 000 Amount 00 0000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Manufacturing Company Balance Sheet Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory Prepaid insurance Accounts receivable Work in process inventory Supplies Materials inventory Cash Line Item Description Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31. Diesel Additives Company Balance Sheet August 31 Current assets: Inventories: Total inventories Total current assets Check My Work $89,400 9,000 Amount 348,200 61,100 13,800 26,800 167,500 Amount 0000
Transcribed Image Text:Manufacturing Company Balance Sheet Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory Prepaid insurance Accounts receivable Work in process inventory Supplies Materials inventory Cash Line Item Description Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31. Diesel Additives Company Balance Sheet August 31 Current assets: Inventories: Total inventories Total current assets Check My Work $89,400 9,000 Amount 348,200 61,100 13,800 26,800 167,500 Amount 0000
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