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Fill in the blanks: Beginning Ending Assets Cash Accounts Receivable Inventories Prepaid Expenses Supplies Real Estate Machinery and Equipment Liabilities Accounts Payable Other Accrued Expenses
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Beginning Ending Assets Cash Accounts Receivable Inventories Prepaid Expenses Supplies Real Estate Machinery and Equipment Liabilities Accounts Payable Other Accrued Expenses Accrued Interest Accrued Taxes Current Portion of Deferred Taxes NonCurrent Portion of Deferred Taxes 31,000 29,000 18,000 15,000 28,000 32,000 9,000 7,000 6,000 7,000 850,000 830,000 375,0 348,000 48,000 7,500 4,000 25,000 3,500 14,000 54,000 5,500 3,000 28,000 2,500 16,000 Use the information above to complete the Revenue section of the accrual income statement: 420,000 Cash Revenues Adjustments: Inventories Accounts Receivable Gross RevenueStep by Step Solution
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