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QUESTION 17 Wylie Company December 31, 2018 Assets Liabilities Cash $8,200 Accounts Payable $12.200 Notes Payable 4.500 Accounts Receivable 14,500 Total Liabilities 12.200 Equipment 15,000

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QUESTION 17 Wylie Company December 31, 2018 Assets Liabilities Cash $8,200 Accounts Payable $12.200 Notes Payable 4.500 Accounts Receivable 14,500 Total Liabilities 12.200 Equipment 15,000 Office Supplies 4,500 Stockholders' Equity Commock 9,000 Retaine arnings 16.500 Total Stockholders' Equity 25.500 Total Assets $42.200 Total Liabilities and Stockholders' Equity $42.200 a. What do we call the financial statement above? (3 marks) b. How much is allocated to long-term debt owed by the Wylie Company om December 31, 2018? (3 marks) c. If the net income for Wylie Co. at the end of the year totaled $5,000 on and $4,000 was paid out in dividends to what did e Retained Earnings amount to on January 1st 2018?(4 marks) d. How much is owed by the Wylie Company's customers? (3 marks) e. What is the total for Current Assets

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