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Can someone please answer this question- thank you!!!! Arrange the following items in proper balance sheet presentation: (Amounts to be deducted should be indicated with
Can someone please answer this question- thank you!!!!
Arrange the following items in proper balance sheet presentation: (Amounts to be deducted should be indicated with parentheses or a minus sign.) 347,000 Accumulated depreciation 46,000 Retained earnings 14,000 Cash 137,000 Bonds payable 51,000 Accounts receivable 668,000 Plant and equipment original cost Accounts payable 38,000 6,000 Allowance for bad debts Common stock, $1 par, 100,000 shares outstanding 100,000 71,000 Inventory 52,000 Preferred stock, $52 par, 1,000 shares outstanding 28,000 Marketable securities 24,000 Investments 39,000 Notes payable 91,000 Capital paid in excess of par (common stock)Step by Step Solution
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