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Manufacturing Company Balance Sheet

Partial balance sheet data for Lawson Company at December 31, 2014, are as follows:

Finished goods inventory $10,900
Prepaid insurance 11,100
Accounts receivable 28,300
Work in process inventory 43,600
Supplies 19,600
Materials inventory 24,000
Cash 30,500

Prepare the Current Assets section of Lawson Company's balance sheet at December 31, 2014.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92749928

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