Homework Answers
ANSWER
ROLAND COMPANY
Balance sheet:
|
CURRENT ASSETS |
Amount $ |
|
|
Cash |
66,000 |
|
|
Account receivable |
202,000 |
|
|
Inventories |
||
|
Finished goods |
89,000 |
|
|
work in process |
94,000 |
|
|
Raw material |
84,000 |
267,000 |
|
Prepaid expenses |
56,000 |
|
|
Total current assets |
$591,000 |
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In alphabetical order below are current asset items for Roland Company's balance sheet at December 31,...
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
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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
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Brief Exercise 14-08 In alphabetical order below are current asset items for Roland Company's balance sheet at December 31, 2020. $201,000 Accounts receivable 63,000 Cash Finished goods 80,000 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.) ROLAND COMPANY Balance Sheet %$4 %24 olicy 2000-2030John ROLAND COMPANY Balance Sheet %24
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