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20 e 9 9 Credit Debit $ 53,600 123,600 67.600 128,600 2012 Part 2 of 2 Cash Accounts receivable Merchandise inventory Equipment Accumulated depreciation Equipment
20 e 9
9 Credit Debit $ 53,600 123,600 67.600 128,600 2012 Part 2 of 2 Cash Accounts receivable Merchandise inventory Equipment Accumulated depreciation Equipment Accounts payable Loan payable Common stock Retained earnings (beginning year balance) Sales Cont of goods sold Loan interest expense Depreciation expense Salarios expense Totals $ 20,600 37,600 25,600 209,000 63,400 52),600 8 points 363,600 11,600 13,600 125,600 5.887,800 5 887,800 References The ending year balance of Retained Earnings was $72,600 on December 31. Prepare Lamonte Company's budgeted balance as of December 31. LAMONTE COMPANY Budgeted Balance Sheet December 31 Assets Total Assets Liabilities Total abilities Equity Total Equity Total Liabilities and Equity Step by Step Solution
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