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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 

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 ... blur-text-image

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