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please help im not sure how to do this one Because you are good friends, you decide to produce a balance sheet in good form
please help im not sure how to do this one
Because you are good friends, you decide to produce a balance sheet in good form using the correct format AND with the correct retained earnings amount. REQUIRED: Create a correct balance sheet and answer the questions below. ENTRY RULES: Enter digits (whole numbers) only - no commas, dollar signs, decimal points or pennies. What is the correct heading for this statement? (1 mark) A. Terrific Computer Systems; Year Ended December 31, 2021; Balance Sheet B. Balance Sheet; December 31, 2021; Terrific Computer Systems C. Balance Sheet; Terrific Computer Systems; Year Ended December 31, 2021 D. Terrific Computer Systems; Balance Sheet; December 31, 2021 E. December 31, 2021; Balance Sheet; Terrific Computer Systems F. The current heading is correct. Enter the letter corresponding to your choice (A BC DEF) What is the correct amount of current assets? What is the correct amount of long-lived assets? What is the correct amount of total assets? What is the correct amount of current liabilities? A What is the correct amount of long-term liabilities? What is the correct amount of total liabilities? What is the correct amount of equity? WVilat is the correct amount of equity? A What is the correct amount of retained earnings Step by Step Solution
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