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Mecca Copy, a photocopying center located on University Avenue, provided the following data to prepare a budgoted balance sheet for next year: The beginning balance

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Mecca Copy, a photocopying center located on University Avenue, provided the following data to prepare a budgoted balance sheet for next year: The beginning balance of retained earnings was $34,000, budgeted net income is $18,700, and budgeted dividends are $5,200. Required: Prepare the company's budgeted balance sheet. Note: Amounts to be deducted should be indicated by a minus sign

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