Question: Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $16,000 Prepaid insurance 16,300 Accounts receivable 41,600

Partial balance sheet data for Diesel Additives Company at August 31 are

Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $16,000 Prepaid insurance 16,300 Accounts receivable 41,600 Work in process inventory 64,000 Supplies 28,800 Materials inventory 35,200 Cash 44,800 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 Amount Current assets: Inventories: Total inventories Total current assets $

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