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Brief Exercise 14-8 In alphabetical order below are current asset items for Roland Companys balance sheet at December 31, 20
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Answer #1
ROLAND COMPANY
Balance Sheet
For the year ended December 31, 2017
Current assets :
Cash 68000
Accounts receivables 218000
Inventories:
Finished goods 97000
Work-in-process 90000
Raw materials 93000 280000
Prepaid Expenses 49000
Total current assets 615000
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