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Could someone answer for me this question. Thank you in advance Home Statement forme shown in Schedule 9. EXERCISE 8-9 Budgeted Balance Sheet (L010) The
Could someone answer for me this question. Thank you in advance Home Statement forme shown in Schedule 9. EXERCISE 8-9 Budgeted Balance Sheet (L010) The management of Mecca Copy, a photocopying center located on University Avenue, has come! following data to use in preparing its budgeted balance sheet for next year: Ending Balances Cash Accounts receivable .. Supplies inventory... Equipment .. Accumulated depreciation ......... Accounts payable Common stock .......... Retained earnings. $8,100 $3,200 $34,000 $16,000 $1,800 $5,000 The beginning balance of retained carings was $28,000, net income is budgeted to be $11,500, and dividends are budgeted to be $4,800. Required: Prepare the company's budgeted balance sheet
Could someone answer for me this question. Thank you in advance
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