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Keeping the Fundamental Accounting Equation in mind ( Assets = Liabilities + Equity ) , categorize the items below into the proper category to create
Keeping the Fundamental Accounting Equation in mind Assets Liabilities Equity categorize the items below into the proper category to create a simple balance sheet. Please provide the balance sheet in its entirety, not just the answer to the equation. Do NOT paste a picture of a file... write the balance sheet out. Do NOT use a template created elsewhere. If you use an electronic spreadsheet, submit the spreadsheet file in addition to the word file used for the rest of this assignment. Refer to your BC Online ID number and determine what the first two nonzero numbers are. For instance, if my ID was E my first two numbers would be If it was E it would be Use those two numbers to replace the XXs in the two entries below. Equipment Accounts Payable Cash Loans Payable Buildings Retained Earnings XX Land Accounts Receivable Inventory XX
Keeping the Fundamental Accounting Equation in mind Assets Liabilities Equity categorize the items below into the proper category to create a simple balance sheet.
Please provide the balance sheet in its entirety, not just the answer to the equation. Do NOT paste a picture of a file... write the balance sheet out. Do NOT use a template created elsewhere. If you use an electronic spreadsheet, submit the spreadsheet file in addition to the word file used for the rest of this assignment.
Refer to your BC Online ID number and determine what the first two nonzero numbers are. For instance, if my ID was E my first two numbers would be If it was E it would be Use those two numbers to replace the XXs in the two entries below.
Equipment
Accounts Payable
Cash
Loans Payable
Buildings
Retained Earnings
XX
Land
Accounts Receivable
Inventory
XX
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