Here is the partial work sheet for Westhaven Stereo. Instructions 1. Prepare a statement of owners equity
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Here is the partial work sheet for Westhaven Stereo.
Instructions 1. Prepare a statement of owner’s equity (no additional investment).
2. Prepare a balance sheet. '
3. Determine the amount of the working capital.
4. Determine the current ratio (carry to one decimal place).
P.O. 2,3 Check Figure Working capital, $74,280
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College Accounting Chapters 1-26
ISBN: 9780395796993
6th Edition
Authors: Douglas J. McQuaig, Patricia A. Bille
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