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Exerclse 13-9A (Algo) Comprehenslve analysls LO 13-2, 13-3 The December 31, Year 4, balance sheet for Jordan Corporation is presented here. These are the only
Exerclse 13-9A (Algo) Comprehenslve analysls LO 13-2, 13-3 The December 31, Year 4, balance sheet for Jordan Corporation is presented here. These are the only accounts on Jordan's balance sheet. Amounts indicated by question marks (?) can be calculated using the following additional information. Required a. Compute the balance in trade accounts payable as of December 31, Year 4. b. Compute the balance in retained earnings as of December 31, Year 4. c. Compute the balance in the inventory account as of December 31, Year 4. (Assume that the level of inventory did not change from last year.) (For all requlrements, negotlve amounts should be Indleated by a minus sign. Do not round Intermedlete caleuletlons. Round your answers to the nearest whole doller omount.)
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