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Exercise 6 - Financial Statement Analysis and Mechanics of Accounting (Continued) Forrest's grandfather is coming for a visit soon. Wanting to be prepared for his
Exercise 6 - Financial Statement Analysis and Mechanics of Accounting (Continued) Forrest's grandfather is coming for a visit soon. Wanting to be prepared for his visit, Forrest has asked the accounting friend for an explanation of the difference between the two balance sheets. The only thing Forrest can recall is that he has had cash sales totaling $3,200. Help Forrest and his friend by providing an explanation of the numerical differences and the events that have taken place between the balance sheet dates
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