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27 A corporation reports the following year-end trial balance data Beginning of the year Total Assets were $280,000. Beginning of the year Inventory was $80.000

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27 A corporation reports the following year-end trial balance data Beginning of the year Total Assets were $280,000. Beginning of the year Inventory was $80.000 Use this information to answer questions 12 through 20 Account OR CR 275 80435 40.000 55,000 60,000 145,000 Cash Accounts Receivable Inventory Equipment Accounts Payable Short-term portion of Notes Payable Long-term portion of Notes Payable Common Stock Beginning of Year Retained Earnings Dividends Sales Cost of Goods Sold Advertising Expense Depreciation Expense Interest Expense Payroll Expense Bent Expense Ulities Experte 75,000 5.000 30,000 100,000 70,000 6.000 247000 77,000 15.000 3.000 27000 69,000 10.000 2000 14) The copronon's day's sales collected Accounts Receivable dided by Set Sales Times 365)

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