2.1 Prepare a December 31 balance sheet using the following data: Cash $ 4,000 Patents 82,000 Accounts

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2.1 Prepare a December 31 balance sheet using the following data:

Cash $ 4,000 Patents 82,000 Accounts payable 6,000 Accounts receivable 8,000 Taxes payable 2,000 Machinery 34,000 Bonds payable 7,000 Accumulated retained earnings 6,000 Capital surplus 19,000 The par value of the firm’s common stock is $100.

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 25, 2024 08:03 AM

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2.1 Prepare a December 31 balance sheet using the following data: Cash $ 4,000 Patents 82,000 Accounts

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Corporate Finance

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