Mary Close is the bookkeeper for Mendez Company. Mary has been trying to get the statement of
Question:
Instructions
Prepare a correct statement of financial position.
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MENDEZ COMPANY Statement of Financial Position December 31, 2011 Assets Liabilities Equipment Supplies Cash Dividends 46.000 8.000 15,000 10.000 79.000 50,000 17.500 20.000 (8.500) Share capital ordinary Retained earnings Accounts payable Accounts receivable Total assets Total equity and liabilities 79.000
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Related Book For
Financial accounting
ISBN: 978-1118285909
IFRS Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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