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Balance Sheet Question: - Requirements: Create a balance sheet with the following account balances: Cash: $100,000 Accounts Receivable: $70,000 Inventory: $120,000 Equipment: $250,000 Accumulated Depreciation:
ยทBalance Sheet Question: - Requirements:
- Create a balance sheet with the following account balances:
- Cash: $100,000
- Accounts Receivable: $70,000
- Inventory: $120,000
- Equipment: $250,000
- Accumulated Depreciation: $100,000
- Accounts Payable: $130,000
- Notes Payable: $120,000
- Common Stock: $240,000
- Retained Earnings: $220,000 -
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