Question: Partial balance sheet data for Berente Company at December 31, 2014, are as follows: Prepare the Current Assets section of Berente Companys balance sheet at

Partial data for Berente Company at December 31, 2014, are as follows:

Prepare the Current Assets section of Berente Company€™s balance sheet at December 31,2014.

Finished goods inventory Prepaid insurance Accounts receivable Work in process inventory $32,200 Supplies 22,000 Matrials inventory 84,000 126,000 $57,040 70000 89600 Cash

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