Partial balance sheet data for Flat Top Company at December 31, 2016, are as follows 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 Prepare the Current Assets section of Flat Top Companys balance sheet at December 31, 2016 Refer to the Labels and Accounts list provided for the exact wording of the answer choices for text entries Labels Current assets Inventories Accounts Accounts receivable Accumulated depreciation equipment Cash Equipment Finished goods Materials Prepaid insurance Supplies Work in process Prepare the Current Assets section of Flat Top Companys balance sheet at December 31, 2016 Refer to the Labels and Accounts list provided for the exact wording of the answer choices for text entries Flat Top Company Balance Sheet December 31, 2016 1 2 3 4 5 6 7 8 9 10 Total current assets

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Question: Partial balance sheet data for Flat Top Company at December 31, 2016, are as follows: Finished goods inventory $42,750 Prepaid insurance 27,000 Accounts receivable 104,000

Partial balance sheet data for Flat Top Company at December 31, 2016, are as follows:

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

Prepare the Current Assets section of Flat Top Companys balance sheet at December 31, 2016. Refer to the Labels and Accounts list provided for the exact wording of the answer choices for text entries.

Labels
Current assets
Inventories
Accounts
Accounts receivable
Accumulated depreciation-equipment
Cash
Equipment
Finished goods
Materials
Prepaid insurance
Supplies
Work in process

Flat Top Company

Balance Sheet

December 31, 2016

1
2
3
4
5
6
7
8
9
10	Total current assets

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