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Below is an un-classified Balance Sheet (meaning the assets and liabilities are not separate into current and non-current). Cash Prepaid insurance Accounts receivable Inventory Land
Below is an un-classified Balance Sheet (meaning the assets and liabilities are not separate into current and non-current). Cash Prepaid insurance Accounts receivable Inventory Land Building Less: Accumulated depreciation $66,000 25,000 225.000 316,000 Jacklin Ltd. Balance Sheet December 31, 2021 $ 65,000 Accounts payable 15,000 Salaries payable 95,000 Mortgage payable 120,000 Total abilities 165,000 $235,000 Common shares Retained earnings 70.500 164,500 Total shareholders equity $125,000 37.500 Total liabilities and 87.500 $712.000 shareholders equity 250,000 146,000 396.000 Trademark Less: Accum. Amort. Total assets $712000 165,000 $235,000 250,000 Land Building Less: Accumulated depreciation Common shares Retained earnings Total shareholders' equity 146.000 396,000 70,500 164,500 Trademark Less: Accum. Amort. $125,000 37,500 87.500 $712.000 Total liabilities and Total assets shareholders equity $712.000 Non-current liabilities total Select one: O A. $316,000. O B. $225,000 OC. $712,000. D. $25,000
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