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20 A company had the following account balances at the end of October: Account Balance Accounts payable $ 22 Accounts receivable Cash 90 Common Stock

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20 A company had the following account balances at the end of October: Account Balance Accounts payable $ 22 Accounts receivable Cash 90 Common Stock 50 Interest payable 8 Long term notes payable 45 Machinery (net of accumulated depreciation) 43 Merchandise inventory 25 Prepaid Insurance 15 Retained Earnings, Oct 31 58 Salaries payable 10 Using the above information, compute the following items on a Balance Sheet. Current Assets o O Plant Assets O Total Assets O Current Liabilities o Long-term Liabilities o Total Liabilities o Total Stockholder's Equity o Total Liabilities and Stockholder's Equity

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