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Calculate the followings 2- ASSETS Cash Accounts receivable Inventory MARNI COMPANY Balance Sheet As of December 31 Net plant and equipment Total assets LIABILITIES AND

Calculate the followings


MARNI COMPANY Balance Sheet As of December 31 ASSETS $50,000 Cash Accounts receivable 100,000 200,000 650,000 $1,000,000 Inv

MARNI COMPANY Income Statement For the year ended December 31 $2,000, 000 Sales (all on credit) Cost of goods sold Gross prof


2-


TEW COMPANY Balance Sheet As of December 31 ASSETS $ 20,000 Cash Accounts receivable 80,000 Inventory 50,000 Net plant and eq




MARNI COMPANY Balance Sheet As of December 31 ASSETS $50,000 Cash Accounts receivable 100,000 Inventory 200,000 650,000 $1,0

MARNI COMPANY Income Statement For the year ended December 31 $2,000,000 Sales (all on credit) Cost of goods sold 1,750,000 $


TEW COMPANY Balance Sheet As of December 31 ASSETS 20,000 0,000 50,000 Cash Accounts receivable Inventory Net plant and equip


TEW COMPANY Income Statement For the year ended December 31 Sales (all on credit) $500,000 Cost of goods sold Gross profit Sa  
 
 
 
 
 
 

ASSETS Cash Accounts receivable Inventory MARNI COMPANY Balance Sheet As of December 31 Net plant and equipment Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Accrued expenses Long-term debt Common stock Paid-in capital Retained earnings Total liabilities and stockholders' equity $ 50,000 100,000 200,000 650,000 $1,000,000 $ 100,000 90,000 250,000 100,000 50,000 410,000 $1,000,000

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