Question
3) Set up a beginning balance sheet, given the following information: Bank Loan $150,000.00 Owner Capital $75,000.00 Note payable $10,000.00 Inventory $53,000.00 Equipment $125,000.00 Vehicle
| 3) Set up a beginning balance sheet, given the following information: | |||||
| Bank Loan | $150,000.00 | ||||
| Owner Capital | $75,000.00 | ||||
| Note payable | $10,000.00 | ||||
| Inventory | $53,000.00 | ||||
| Equipment | $125,000.00 | ||||
| Vehicle | $30,000.00 | ||||
| Prepaid expenses | $4,000.00 | ||||
| Cash | $23,000.00 | ||||
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
