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Cash 100,000 Accruals 240,000 Account receivable 150,000 Notes payable 265,000 Inventory 210,000 Long term debt 145,000 Net plant and equipment 450,000 Common stock 180,000 Retained

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Cash 100,000 Accruals 240,000 Account receivable 150,000 Notes payable 265,000 Inventory 210,000 Long term debt 145,000 Net plant and equipment 450,000 Common stock 180,000 Retained earnings 80,000 TOTAL ASSETS 910,000 910,000 TOTAL LIABILITIES & EQUITY i Sales are expected to increase by 40 percent in 2021 to RM2,100,000, it. The company is operating at full capacity, lit. Eamings after tax for the year is RM480,000 i. The dividend currently paid was RM240,000 Cash 100,000 Accruals 240,000 Account receivable 150,000 Notes payable 265,000 Inventory 210,000 Long term debt 145,000 Net plant and equipment 450,000 Common stock 180,000 Retained earnings 80,000 TOTAL ASSETS 910,000 910,000 TOTAL LIABILITIES & EQUITY i Sales are expected to increase by 40 percent in 2021 to RM2,100,000, it. The company is operating at full capacity, lit. Eamings after tax for the year is RM480,000 i. The dividend currently paid was RM240,000

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