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Az December 31, 2018, Patterson Products has cash of $20,000, receivables of $17.500, and inventory of $78,000. The company's equipment total $186.000. Patterson owes accounts

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Az December 31, 2018, Patterson Products has cash of $20,000, receivables of $17.500, and inventory of $78,000. The company's equipment total $186.000. Patterson owes accounts payable of $22,000 and long-term notes payable of $173,000. Common stock is $28,500 Read the requirement Start with the heading and then complete the assets section of the statement. Finally complete the liabilities and stockholders' equity section of the statement (Classify the balance sheet by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet in the second part complete the abilities and stockholders' equity section of the balance sheet a box is not used in the table leave the box omply do not select a label or enter a zoro ) he company's equipment R tholders' equity section o set. In the second part co PE Patterson Products Adjusted Trial Balance Balance Sheet SI Income Statement Statement of Cash Flows Statement of Retained Earnings December 31, 2018 Year Ended December 31, 2018 hboard mudron down list and then click Check Answer. s has cash of $20,000, receivables of $17,600, and inventory of $78,000. The company's equipment totals ayable of $173,000. Common stock is $28,500. Requirement he as subtoi tuse pf the st omplete 1. Prepare Patterson's balance sheet at December 31, 2018, complete with its proper heading. Use the accounting equation to compute retained earnings. Print Done in click Check

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