Question
Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $290,000; Patents and copyrights = $800,000; Accounts payable = $400,000;
Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $290,000; Patents and copyrights = $800,000; Accounts payable = $400,000; Accounts receivable = $119,000; Tangible net fixed assets = $3,300,000; Inventory = $165,000; Notes payable = $190,000; Accumulated retained earnings = $1,235,000; Long-term debt = $1,630,000. What is the common stock account balance for the company?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
