Solution:
ROLAND COMPANY Balance sheet:
CURRENT ASSETS |
Amount $ |
|
Cash |
63000 |
|
Account receivable |
201000 |
|
Inventories |
||
Finished goods |
80000 |
|
work in process |
88000 |
|
Raw material |
83000 |
251000 |
Prepaid expenses |
39000 |
|
Total current assets |
$ 554000 |
Brief Exercise 14-08 In alphabetical order below are current asset items for Roland Company's balance sheet...
Brief Exercise 14-08 In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. Accounts receivable Cash Finished goods Prepaid expenses Raw materials Work in process $207,000 70,000 97,000 39,000 91,000 94,000 Prepare the current assets section. (List Current Assets in order of liquidity.) Assignment > Open Assignment CALCULATOR MESSAGE MY INSTRUCT ROLAND COMPANY Balance Sheet Click if you would like to Show Work for this question: Open Show Work
Brief Exercise 14-08 In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. Accounts receivable Cash Finished goods Prepaid expenses Raw materials work in process 5207.000 70.000 97.000 39.000 91,000 94,000 Prepare the current assets section. (List Current Assets in order of liquidity.) ROLAND COMPANY Balance Sheet Click if you would like to Show Work for this question: Open Show Work
In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. Accounts receivable $201.000 Cash 63,000 80,000 Finished goods Prepaid expenses 39,000 Raw materials 83,000 Work in process 88,000 Prepare the current assets section. (List Current Assets in order of liquidity.) Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Factory Overhead Total Manufacturing Costs $42,000 $63,500 $51,900 $ $76,200 $144,000 $299,000...
Brief Exercise 14-8 In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2017 Accounts receivable Cash Finished goods Prepaid expenses Raw materials Work in process $218,000 68,000 97,000 49,000 93,000 90,000 Prepare the current assets section. (List Current Assets in order of liquidity.) ROLAND COMPANY Balance Sheet Click if you would like to Show Work for this question: Open Show Work
Brief Exercise 1-8 In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. Accounts receivable Cash Finished goods Prepaid expenses Raw materials Work in process $202,000 66,000 89,000 56,000 84,000 94,000 Prepare the current assets section. (List Current Assets in order of liquidity.) ROLAND COMPANY Balance Sheet search
In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. Accounts receivable $220,000 Cash 83,000 Finished goods 89,000 Prepaid expenses 44,000 Raw materials 94,000 Work in process 92,000 Prepare the current assets section. (List Current Assets in order of liquidity.) ROLAND COMPANY Balance Sheet $ $ A
Question 16 In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. Accounts receivable Cash Finished goods Prepaid expenses Raw materials Work in process $212,000 63,000 91,000 47,000 90,000 93,000 Prepare the current assets section. (List Current Assets in order of liquidity.) ROLAND COMPANY Balance Sheet
In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. Accounts receivable $220,000 Cash 70,000 Finished goods 99,000 Prepaid expenses 52,000 Raw materials 90,000 Work in process 96,000 Prepare the current assets section. (List Current Assets in order of liquidity.) ROLAND COMPANY Balance Sheet
Your answer is partially correct. In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. Accounts receivable Cash Finished goods Prepaid expenses Raw materials Work in process $204,000 75,000 94,000 40,000 91,000 88,000 Prepare the current assets section. (List Current Assets in order of liquidity.) ROLAND COMPANY Balance Sheet Current Assets Cash $ 75000 Accounts Receivable 4 204000 Inventories Finished Goods $ 94000 Work in Process 88000 Raw Materials Prepaid Expenses Total Current...
MESSAGE HY INST CALCULATOR Brief Exercise 19-08 In alphabetical order below are current asset items for Oriole Company's balance sheet at December 31, 2020. Accounts receivable Cash $207,000 Finished goods 70,000 Prepaid expenses 100,000 Raw materials 39,000 Work in process 83,000 90,000 Prepare the current assets section. (List Current Assets in order of liquidity.) ORIOLE COMPANY Balance Sheet en Assignment CALCULATOR MESSAGE MY INST OURCES work -02 -03 -OB Jission) b Ission 3 Ission Study LINK TO TEXT Question Attem