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Savo Af December 31, 2018, Patterson Products has cash of $20,000, receivables of $17,000, and inventory of $78,000. The company's equipment totals $185,000 Patterson owes
Savo Af December 31, 2018, Patterson Products has cash of $20,000, receivables of $17,000, and inventory of $78,000. The company's equipment totals $185,000 Patterson owes accounts payable of $22,000 and long-term notes payable of $173,000. Common stock is $28,500 Read the requirement Start with the heading and then complete the assets section of the statement. Finally complete the liabilities and stockholders' equity section of the statement. (Classily the balance sheet by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance shoot. In the second part complete the liabilities and stockholders' equity section of the balance sheet. If a box is not used in the table leave the box empty, do not select a label or enter a ZH) Choose from any drop-down list and then click Check Answer. Clear All Check Answer Help Me Solve This e Text Pages Get More Help 9 dtv ))) 16 27 then complete the assets section of the statement. Finally complete the liabilities and stockholders' equity section of the statemer ng the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet. In the secon stockholderul comite section of the balance sheet. Il a havie nat head in the table leave the hav amat do not select a label or er - X Requirement - 1. Prepare Patterson's balance sheet at December 31, 2018, complete with its proper heading. Use the accounting equation to compute retained earnings. Print Done * wn list and then click Check Answer. Get More Heln Clear All Tav+Daca Check
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