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Problem 7-7A You are provided with the following information taken from Metlock, Inc.'s March 31, 2017, balance sheet. Cash $11,860Accounts receivable 23,480Inventory 36,810Property, plant, and
Problem 7-7A
You are provided with the following information taken from Metlock, Inc.'s March 31, 2017, balance sheet.
Cash
$11,860Accounts receivable
23,480Inventory
36,810Property, plant, and equipment, net of depreciation
123,700Accounts payable
22,430Common stock
152,000Retained earnings
12,240Step by Step Solution
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