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help filling out assets and liabilities These items are taken from the financial statements of Martin Corporation for 2022. Retained earnings (beginning of year) $
help filling out assets and liabilities
These items are taken from the financial statements of Martin Corporation for 2022. Retained earnings (beginning of year) $ 31,000 Utilities expense 2,000 Equipment 66,000 Accounts payable 18,300 Cash 10,100 3,000 22,800 12,000 Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks 3,100 5,700 2.000 Service revenue 68,000 3.500 1,800 Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable 3.600 11.700 2,200 Insurance expense Salaries and wages expense Accumulated depreciation--equipment 37,000 17,600 December 31, 2022 Assets Current Assets Cash $ 10100 Prepaid Insurance 3500 Accounts Receivable 11700 Supplies 3100 Total Current Assets Long Term Investments Debt Investments Property, plant and Equipment Equipment 66000 Less : Accumulated Depreciation Equiment 17600 Totable Assets Total Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity Current Liabilities Accounts Payable $ > Step by Step Solution
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