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Please complete it in the table similar to the one show TITLE: KLAUSEN is a Cambridge restaurant featuring a gourmet wine and entre menu. The
Please complete it in the table similar to the one show
TITLE: KLAUSEN is a Cambridge restaurant featuring a gourmet wine and entre menu. The following are the accounts from which to build KLAUSEN's Balance Sheet for the year ending December 31, 2020. Produce a complete Balance Sheet, appropriately titled and calculated. Accounts Receivable Cash Credit Line Used Common Shares Short Term Loan Mortgage Prepaid Rent Retained Earnings Accum. Depreciation Accounts Payable Client List Inventory Building & Equipment Accrued Salaries $45,000 $17,000 $2,100 $100,000 $56,000 $124,400 $14,500 $35,000 $38,000 $78,000 $22,500 $115,000 $225,000 $5,500 TITLE: KLAUSEN is a Cambridge restaurant featuring a gourmet wine and entre menu. The following are the accounts from which to build KLAUSEN's Balance Sheet for the year ending December 31, 2020. Produce a complete Balance Sheet, appropriately titled and calculated. Accounts Receivable Cash Credit Line Used Common Shares Short Term Loan Mortgage Prepaid Rent Retained Earnings Accum. Depreciation Accounts Payable Client List Inventory Building & Equipment Accrued Salaries $45,000 $17,000 $2,100 $100,000 $56,000 $124,400 $14,500 $35,000 $38,000 $78,000 $22,500 $115,000 $225,000 $5,500Step by Step Solution
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