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Requirements: Create a balance sheet with the following account balances: Cash: $12,000 Accounts Receivable: $6,000 Inventory: $18,000 Accounts Payable: $8,000 Owner's Equity: $25,000

  • Requirements:
    • Create a balance sheet with the following account balances:
      • Cash: $12,000
      • Accounts Receivable: $6,000
      • Inventory: $18,000
      • Accounts Payable: $8,000
      • Owner's Equity: $25,000
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