Question
At December 31, 2018, the accounting records of Braun Corporation contain the following items: Accounts Payable $ 12,000 Accounts Receivable $ 32,000 Land $ 232,000
At December 31, 2018, the accounting records of Braun Corporation contain the following items: Accounts Payable $ 12,000 Accounts Receivable $ 32,000 Land $ 232,000 Cash ? Capital Stock ? Equipment $ 112,000 Building $ 172,000 Notes Payable $ 182,000 Retained Earnings $ 152,000 If Capital Stock is $252,000, what is the December 31, 2018 cash balance?
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Managerial Accounting
Authors: Hartgraves And Morse
6th Edition
1934319805, 978-1934319802
