Question: 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



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 $ 89,400 9,000 348,200 61,100 13,800 26,800 Cash 167.500 Prepare the Current assets section of Diesel Additives Company's balance sheet at August 31. Refer to the Labels and Accounts list provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading Labels and Accounts Labels August 31 Current assets For the Month Ended August 31 For the Year Ended August 31 Inventories Accounts Accounts receivable Accumulated depreciation-equipment Cash Equipment Finished goods Muuvuilla Accounts receivable Accumulated depreciation-equipment Cash Equipment Finished goods Materials Prepaid insurance Supplies Total inventories Work in process Instructions Labels and Accounts Balance Sheet Instructions Balance Sheet Prepare the Current assets section of Diesel Adelitives Company's balance sheet at August 31. Refer to the Labels and Accounts list provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. Diesel Additives Company Balance Sheet (Label) 1 (Label) 2 5 (Label)
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