Question
At the end of the first year of operations (December 31, 2021), the following financial data for APEC Aerospace Corporation are available: Accounts Payable
At the end of the first year of operations (December 31, 2021), the following financial data for APEC Aerospace Corporation are available: Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $ 33,630 10,000 14,400 10,500 1,600 3. Prepare a balance sheet at December 31. APEC AEROSPACE CORPORATION Balance Sheet 84,000 51,970 65,000 9,100 97,500 9,500 $ $ 0 0 0
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CALCULATIONS Assets Cash 14400 Accounts Receivable 10000 Equipment 84000 Supplies 9500 Total Assets ...Get Instant Access to Expert-Tailored Solutions
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
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