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ASAP, thanks! Given the following information for ABC Corporation, create the long-term section of the company's balance sheet, ie. long- term / fixed assets and
ASAP, thanks!
Given the following information for ABC Corporation, create the "long-term" section of the company's balance sheet, ie. long- term / fixed assets and long-term liabilities + shareholders' equity. [5 points) INFORMATION All figures are in $ Cash 50,000 Account receivables 42,700 Accounts payable Short-term notes payable 23,000 10,500 Inventories 40.000 Gross fixed assets 1,280,000 Other current assets 5,000 Accumulated depreciation 312,000 Long-term debt 200,000 Common stock 1490,000 | 15.000 Other long-term assets Retained earnings 397.200Step by Step Solution
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