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2 Problem 8-19 (Algo) Cash Budget; Income Statement; Balance Sheet (LO8-2, LO8-4, LO8-8, LO8-9, LO8- 10] 5 points Minden Company is a wholesale distributor
2 Problem 8-19 (Algo) Cash Budget; Income Statement; Balance Sheet (LO8-2, LO8-4, LO8-8, LO8-9, LO8- 10] 5 points Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as of April 30 is given below: Book HM Assets Cash Print References Minden Company Balance Sheet April 301 Accounts receivable Inventory Buildings and equipment, net of depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Note payable Common stock $14,300 55,750 49,250 217,000 $336,300 $ 65,000 16,500 180,000 Retained earnings Total liabilities and stockholders' equity 74,800 $336,300 The company is in the process of preparing a budget for May and has assembled the following dat Chec
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