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Required information [The following information applies to the questions displayed below) Assume you are the president of Nuclear Company. At the end of the first
Required information [The following information applies to the questions displayed below) Assume you are the president of Nuclear Company. At the end of the first year of operations (December 31, the following financial data for the company are available: Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $ 39,000 60,850 16,500 64,530 290 38,000 1,560 78,700 9,300 99,900 9,350 Required information TIP: The balance sheet includes the ending balance from the statement of retained earnings. NUCLEAR COMPANY Balance Sheet 0 0 0 S 0
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