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Prepare Pritchett's Closets & Blinds Balance Sheet as at December 3 1 , 2 0 2 0 . At the end of December 3 1

 Prepare Pritchett's Closets & Blinds Balance Sheet as at December 
31,2020.
At the end of December 31,2020, Pritchett's Closets & Blinds accounts are as follows:
Accumulated depreciation $100,000
Current income taxes payable 5,000
Long-term loans 25,000
Inventories 90,000
Accounts Receivable 60,000
Fixed Assets 300,000
Accounts Payable 40,000
Mortgage 130,000
Accrued expenses 10,000
Future income taxes payable 5,000
Share capital 100,000
Prepaid expenses 10,000
Intangible assets 20,000
Cash 25,000
Retained earnings 80,000
Short-term Loans 10,000

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