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Data table in blue box in included. please enlarge to view the table i . X Data Table 4 $ 31 76 241 77 265

Data table in blue box in included. please enlarge to view the table

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i . X Data Table 4 $ 31 76 241 77 265 Property and equipment, net Investment Long-term liabilities Other expenses Cash Retained earnings, beginning Retained earnings, ending 46 Total revenue Receivables Current liabilities Common shares Interest expense Salary and other employee expense Other assets 12 22 6 17 12 ? 45 Print Done Amounts of the assets and liabilities of Petty Associates Inc., as of December 31, 2014, are given as follows. Also included are revenue and expense figures for the year ended on that date amounts in millions): E (Click the icon to view the amounts.) Required Prepare the balance sheet of Petty Associates Inc. as December 31, 2014. Use the accounting equation to compute ending retained earnings. Prepare the balance sheet for Petty Associates Inc. Complete the heading first. Compute the retained earning using the accounting equation. Do not calculate retained earnings using the net income method. (Leave any unused cells blank.) in millions) Assets Liabilities Total liabilities Shareholders' Equity Total shareholders' equity Total assets Total liabilities and shareholders' equity ets and liabilities of Petty Associates Inc., as of December 31, 2014, en to view the amounts.) nce sheet of Petty Associates Inc. as December 31, 2014. Use the acco nce sheet for Petty Associates Inc. Complete the heading first. Compute bilities Petty Associates Inc. Balance Sheet Income Statement Assel Statement of Cash Flows Statement of Retained Earnings December 1, 2014 December 31, 2014 November 30, 2014 raremoders' Equi om any list or enter any number in the input fields and then continue to the nex er Later CCT250-EXAMIN.pdf PType here to search o ociates Inc., c. as Decemb Cash Common shares Current liabilities Interest expense 1 Investments 1 Long-term liabilities Other assets 1 Other expenses Property and equipment, net Receivables Retained earnings Salary and other employee expense Total assets Total liabilities Total Habilities and shareholders equity Total shareholders equity Total revenue 10. Completet in mitions) Total liabib Choose from any list or enter any number in the input fields and Save for Later TEAM Type here to search

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