Question
Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $204,000; patents and copyrights =
Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $204,000; patents and copyrights = $858,000; accounts payable = $285,000; accounts receivable = $264,000; tangible net fixed assets = $5,210,000; inventory = $549,000; notes payable = $178,000; accumulated retained earnings = $4,696,000; long-term debt = $1,140,000.
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.
P.S. I am almost done with this problem, yet it says it is not complete, I just need to know what is missing. Thanks again so much!
Answer is not complete
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