Prepare the Current Assets section of Lawler Company’s balance sheet at 1 answer below »
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Using the above information, complete the following:
a. Prepare the January income statement for Air Temp Manufacturing Company.
b. Determine the inventory balances at the end of the first month of operations. Manufacturing company balance sheet Partial balance sheet data for Lawler Company at December 31, 2012, are as follows:
Finished goods inventory
$23,000
Supplies
$41,000
Prepaid insurance
23,000
Materials inventory
50,000
Accounts receivable
60,000
Cash
64,000
Work in process inventory
90,000
Prepare the Current Assets section of Lawler Company’s balance sheet at
