Instructions Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished...
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Instructions 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 $43,250 26,500 104,000 155,500 70,600 88.750 112,000 Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31. Be sure to complete the statement heading. Refer to the Accounts, Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. A colon () will automatically appear if it is required. Accounts, Labels and Amount Descriptions Accounts Accounts receivable Accumulated depreciation-equipment Cash Equipment Finished goods Materials Prepaid insurance Supplies Work in process Labels August 31 For the Month Ended August 31 Current assets Inventories Amount Descriptions Total inventories Total current assets Balance Sheet Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31. Be sure complete the statement heading. Refer to the Accounts, Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. A colon (:) will automatically appear if it is required. 1 (Label) 2 3 4 (Label) 5 6 7 8 9 10 11 Diesel Additives Company Balance Sheet (Label) Instructions 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 $43,250 26,500 104,000 155,500 70,600 88.750 112,000 Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31. Be sure to complete the statement heading. Refer to the Accounts, Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. A colon () will automatically appear if it is required. Accounts, Labels and Amount Descriptions Accounts Accounts receivable Accumulated depreciation-equipment Cash Equipment Finished goods Materials Prepaid insurance Supplies Work in process Labels August 31 For the Month Ended August 31 Current assets Inventories Amount Descriptions Total inventories Total current assets Balance Sheet Prepare the "Current assets" section of Diesel Additives Company's balance sheet at August 31. Be sure complete the statement heading. Refer to the Accounts, Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. A colon (:) will automatically appear if it is required. 1 (Label) 2 3 4 (Label) 5 6 7 8 9 10 11 Diesel Additives Company Balance Sheet (Label)
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1285866307
13th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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