The partial balance sheet data for Diesel Additives Company as of August 31 is 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 the balance sheet of Diesel Additives Company as of August 31. Please refer to the Labels and Accounts list provided for the exact wording of the response options for text entries.

Answer rating: 100% (QA)

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