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2. The Cutlery's August 31, 2017, unadjusted trial balance appeared as follows- The Cutlery Adjustment Adjusted Trial Balance Sa Trial Balance August 31,2017 Account Dr
2. The Cutlery's August 31, 2017, unadjusted trial balance appeared as follows- The Cutlery Adjustment Adjusted Trial Balance Sa Trial Balance August 31,2017 Account Dr Cr Dr Cr Dr Cr Cash $4,950 Accounts 0 Receivable Prepaid Insurance 2,400 Furniture 2,000 Store Equipment 31,000 Ques 1. Liabilities & Equity Assets Capital 180 Net Fixed Assets 400 Reserves 20 Inventories 150 Term Loan 300 Cash 50 Bank C/C 200 Receivables 150 Trade Creditors 50 Goodwill 50 Provisions 50 800 800 Calculate- a. Net Worth b. Tangible Net Worth C. Outside Liabilities d. Net Working Capital e. Current Ratio f. Quick Ratio
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