Problem 20-4A Manufacturing: Preparation of a complete master budget LO P1, P2, P3

The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017:

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My attendance was spotty this week, in need of help in understanding where certain things go

ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets $ 69,800 432,008 86,000 348,488 935,488 614,906e 157,000 457,00e $ 1,392,480 Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total 1liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity $ 178,700 19,000 197,788 515,008 712,708 342,800 337,780 679,78e $ 1,392,480