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Business, 20.03.2020 23:32 michael4443

Partial balance sheet data for Flat Top Company at December 31, 2016, are as follows:
Finished goods inventory $39,000
Prepaid insurance 26,250
Accounts receivable 104,500
Work in process inventory 156,500
Supplies 70,100
Materials inventory 89,750
Cash 119,000
1. Prepare the Current Assets section of Flat Top Company’s balance sheet at December 31, 2016.
2. Prepare the Current Assets section of Flat Top Company’s balance sheet at December 31, 2016.

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