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ABC Lab & Co. Statement of Financial Position as of Dec 31 Estimate A 2021 Assets Property, plan, and equipment Estimate B Actual 2021
ABC Lab & Co. Statement of Financial Position as of Dec 31 Estimate A 2021 Assets Property, plan, and equipment Estimate B Actual 2021 2020 Land Buildings 75.000 80.000 80.000 36.000 36.000 36.000 Acm. Depr-Buildings (12.150) (12.150) (10.350) Equipment 34.680 7.680 7.680 Acm. Depr- Equipment (6.346) (4.096) (3.328) Current Assets Prepaid expenses 10.500 10.500 12.500 Inventory 26.500 26.500 25.750 Account Receivable 25.000 25.000 21.000 Cash 23.816 13.566 8.248 Total Assets 213.000 183.000 177.500 Equity and Liabilities Equity Share Capital-Ordinary 85.000 85.000 85.000
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
11th edition
1111571260, 978-1111571269
