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BE1-5 In alphabetical order below are balance sheet items for Karol Company at December 31,2017. Prepare a balance sheet following the format of Illustration 1-7

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BE1-5 In alphabetical order below are balance sheet items for Karol Company at December 31,2017. Prepare a balance sheet following the format of Illustration 1-7 (page 13). Accounts payable Accounts receivable Cash Common stock Retained earnings $65,000 71,000 22,000 18,000 10,000

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