Question: Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $43,750 Prepaid insurance 28,000 Accounts receivable 104,500 Work
Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $43,750 Prepaid insurance 28,000 Accounts receivable 104,500 Work in process inventory 158,750 Supplies 71,200 Materials inventory 87,500 Cash 116,000 Prepare the Current assets section of Diesel Additives Companys balance sheet at August 31. Refer to the Labels and Accounts list provided for the exact wording of the answer choices for text entries.
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