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National Shops, Inc, reported the following amounts on its balance sheet on December 31,2021 : Required: a. What is the amount of National's total assets

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National Shops, Inc, reported the following amounts on its balance sheet on December 31,2021 : Required: a. What is the amount of National's total assets at the end of 2021? b. Identify the items listed above that are liabilities. c. What is the amount of National's retained earnings at the end of 2021 ? d. Prepare a balance sheet for National Shops as of December 31, 2021

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