Use the following information for the questions.
The Balance Sheet headings and the accounts and their balances for Exemplar Manufacturing are listed in alphabetical order. Exemplar Manufacturing has a fiscal year end of June 30, 2019.
-Using the information given, prepare the Current Assets section of the Balance Sheet for Exemplar Manufacturing. Include correct indentations, underlines, dates, and capitalization where needed.
Definitions:
Oxygen
A chemical element (O) essential for most forms of life on Earth, vital for cellular respiration in organisms.
Friction
The resistance encountered when one object is moved in contact with another.
Pressure
The force exerted per unit area on the surface of an object, often measured in atmospheres, Pascals, or mmHg.
Callus
Thickened area of skin caused by repeated friction or pressure, or the healing tissue over a bone fracture.
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