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ncial Position Question 5 of 5 < > View Policies Current Attempt in Progress -/10 E! Early in January 2023, Sandhill plc is preparing
ncial Position Question 5 of 5 < > View Policies Current Attempt in Progress -/10 E! Early in January 2023, Sandhill plc is preparing for a meeting with its bankers to discuss a loan request. Its bookkeeper provided the following accounts and balances at December 31, 2022. Debit Credit Inventory 69,438 Accounts Receivable (net) 38,350 Cash 70,060 Equipment (net) 90,220 Patents 15,630 Notes and Accounts Payable Notes Payable (due 2024) Share Capital-Ordinary Retained Earnings 283,698 283,698 55,780 73,810 95,500 58,608 Except for the following items, Sandhill has recorded all adjustments in its accounts. 1. Net accounts receivable is comprised of 50,580 in accounts receivable and 12.230 in allowance for doubtful accounts Tools
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