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Financial information related to the proprietorship of Rockwell Interiors for February and March 20yo is as follows: February 29, 2040 March 31, 2040 Accounts payable
Financial information related to the proprietorship of Rockwell Interiors for February and March 20yo is as follows: February 29, 2040 March 31, 2040 Accounts payable $280,000 $360,000 Accounts receivable 720,000 870,000 Cash 290,000 340,000 David Patel, capital ? 2 Supplies 30,000 32,000 a. Prepare balance sheets for Rockwell Interiors as of February 29 and March 31, 2040. Enter assets in order of liquidity (how quickly they can be converted to cash). Rockwell Interiors Balance Sheet February 29, 2010 Assets Cash Account dropdown Supplies Rockwell Interiors Balance Sheet February 29, 20YO Assets Cash Accounts receivable Supplies Total assets Liabilities Owner's Equity Total liabilities and owner's equity Prepare a balance sheet for Rockwell Interiors as of March 31, 20YO. Rockwell Interiors Balance Sheet March 31, 20YO
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