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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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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
