question archive Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows
Subject:AccountingPrice:4.85 Bought3
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b) Prepare a condensed cost of goods manaufactures schdule ffor Case1
c1) Prepare an Income statement for Case 1
c2) Prepare the current assets section of the balance sheet for Case1. Assume that in Case 1 the other items in the current assets section are as follows: Cash $4,000, Receivables (net) $15,000, Raw Materials $600 and Prepaid Expenses $400.
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