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Balance Sheet Presentation: Asset Amount Cash $80,000 Accounts Receivable $120,000 Inventory $150,000 Liability Amount Accounts Payable $60,000 Loans Payable $100,000 Evaluate the balance sheet and
Balance Sheet Presentation:
| Asset | Amount |
|---|---|
| Cash | $80,000 |
| Accounts Receivable | $120,000 |
| Inventory | $150,000 |
| Liability | Amount |
|---|---|
| Accounts Payable | $60,000 |
| Loans Payable | $100,000 |
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
25th edition
978-1285069609, 1285069609, 978-1133607601
