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do not answers D 3 Assets Cash 5 Accts. rec. 6 Inventories Total CA Not fixed assets 2013 $20 $280 $400 $700 $500 $1,200 2014
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D 3 Assets Cash 5 Accts. rec. 6 Inventories Total CA Not fixed assets 2013 $20 $280 $400 $700 $500 $1,200 2014 $22 NOTE 20 x 1.10 = 22 $308 $440 $770 $550 NOTE 500 x 1.10 = 55 $1,320 $88 NOTE 80 x 1.10 = 88 10 Liables and equity Accis. pay. & accruals 12 Line of credit 13 Total CL 14 Long-term debt 15 Total liabilities 16 Common stock 17 Retained earnings 18 Total common equity 19 Total liabs, & equity $80 $0 $80 $500 $580 $420 $200 $620 $1,200 $88 $500 $588 $420 $253 NOTE Retained Earning $673 $1,2631 20 21 D 3 Assets Cash 5 Accts. rec. 6 Inventories Total CA Not fixed assets 2013 $20 $280 $400 $700 $500 $1,200 2014 $22 NOTE 20 x 1.10 = 22 $308 $440 $770 $550 NOTE 500 x 1.10 = 55 $1,320 $88 NOTE 80 x 1.10 = 88 10 Liables and equity Accis. pay. & accruals 12 Line of credit 13 Total CL 14 Long-term debt 15 Total liabilities 16 Common stock 17 Retained earnings 18 Total common equity 19 Total liabs, & equity $80 $0 $80 $500 $580 $420 $200 $620 $1,200 $88 $500 $588 $420 $253 NOTE Retained Earning $673 $1,2631 20 21 Step by Step Solution
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