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Rent Expense $7,000 Building 36,320 Depreciation Expense 4,750 Cost of Goods Sold 10,000 Accounts Receivable 8,200 Note Payable (5 yr) 11,000 Common Stock 16,970 Cash
| Rent Expense | $7,000 |
| Building | 36,320 |
| Depreciation Expense | 4,750 |
| Cost of Goods Sold | 10,000 |
| Accounts Receivable | 8,200 |
| Note Payable (5 yr) | 11,000 |
| Common Stock | 16,970 |
| Cash | 19,500 |
| Salary Expense | 4,400 |
| Dividends | 10,200 |
| Retained Earnings, Jan 1 2015 | 17,085 |
| Accounts Payable | 11,800 |
| Accumulated Depreciation (Building) | 6,500 |
| Income Tax Expense | 6,585 |
| Sales | 48,800 |
| Prepaid Rent | 2,500 |
| Inventory | 2,000 |
| Interest Expense | 700
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Prepare, in good form, the Liabilities & Stockholders' Equity section of the classified Balance Sheet for Redbird Properties, Inc. for 2019. (You can receive partial credit)
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The Marketing Audit Translating Marketing Theory Into Practice The Marketing Series
Authors: Malcolm McDonald
1st Edition
0750600896, 978-0750600897
