Finished goods inventory

$$42,750$

Prepaid insurance

$27,000$

Accounts receivable

$104,000$

Work in process inventory

$153,500$

Supplies

$71,500$

Materials inventory

$88,250$

Cash

$115,000$

Required:

Prepare the $$Current assets$$ section of Diesel Additives Company$$s balance sheet at August $31.$

AccountsAccounts receivableAccumulated depreciation$-$equipmentCashEquipmentFinished goodsMaterialsPrepaid insuranceSuppliesWork in processLabelsAugust $31$For the Month Ended August $31$Current assetsInventoriesAmount DescriptionsTotal inventoriesTotal current assets