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Problem 3-9c: The Shandon Corporation The Balance Sheet for the Shandon Corporation on August 1, 2018 is reproduced below Shandon Corporation: Balance Sheet as of

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Problem 3-9c: The Shandon Corporation The Balance Sheet for the Shandon Corporation on August 1, 2018 is reproduced below Shandon Corporation: Balance Sheet as of August 1, 2018. Assets Cash Accounts Receivable3000 Inventory Prepaid Rent Equipment Total Assets 15000 3300 600 4000 25900 Liabilities and Owners Equity Accounts Payable Wages Payable Dividends Payable Note Payable Retained Earnings Paid in Capital Total Liabilities & OE 25900 40 300 100 480 720 24260

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