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Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $196,000; patents and copyrights =
Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $196,000; patents and copyrights = $850,000; accounts payable = $293,000; accounts receivable = $256,000; tangible net fixed assets = $5,130,000; inventory = $541,000; notes payable = $186,000; accumulated retained earnings = $4,616,000; long-term debt = $1,220,000
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