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Question $11-$ Chapter $22$ Homework $-$ Connect

Homework

i

The management of Zigby Manufacturing prepared the following balance sheet for March $31.$

$\backslash$table$[[,,\backslash$table$[[$ZIGBY MANU$],[$Balance$],[$Marcl$]],\backslash$table$[[$FACTURING$],[$Sheet$],[31]],,],[$Asse$,,$$$200,000,\backslash$table$[[$Liabilities and$],[$Liabilities$]],$Equity,$4],[$Accounts receivable,,$1,722,000,$Accounts payable,$$1,005,000,],[$Raw materials inventory,,$\mathrm{.}492,500,$Loan payable,$12,000,],[$Finished goods inventory,,$1,627,700,$Long$-$term note payable,$2,500,000,$$$3,517,000$

Req $7$

Req $11$

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