Question
A budgeted balance sheet as of December 31,2022? the numbers I got were Assets: Cash-141,774 Accounts receivable- 299,427.84 Inventory- 224,572.50 Fixed assets net of depreciation
A budgeted balance sheet as of December 31,2022?
the numbers I got were Assets:
Cash-141,774
Accounts receivable- 299,427.84
Inventory- 224,572.50
Fixed assets net of depreciation - 174,700 Total assets - 840,474
Liabilities and shareholders equity
Accounts payable - 157,862
dividends payable- 12,000
capital stock - 400,000
Retained earnings- 270,612
total liabilities and shareholder equity - 840,474
is that correct
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Financial Accounting Information for Decisions
Authors: John J. Wild
9th edition
1259917045, 978-1259917042
