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The comparative statements of financial position for Malcolm Heights Inc. are presented below. MALCOLM HEIGHTS INC. Comparative Statements of Financial Position Cash Accounts receivable..
The comparative statements of financial position for Malcolm Heights Inc. are presented below. MALCOLM HEIGHTS INC. Comparative Statements of Financial Position Cash Accounts receivable.. Inventory. Prepaid expenses Investments. Property, plant, and equipment.. Accumulated depreciation Total Accounts payable. Accrued expenses payable. Bonds payable. Common shares Retained earnings Total Assets 2022 2021 $ 68,000 97,000 $ 36,000 64,000 180,000 140,000 5,000 4,000 30,000 20,000 448,000 400,000 (100,000) (80,000) $728,000 $584,000 Liabilities and Shareholders' Equity $ 76,000 $ 68,000 20,000 24,000 260,000 200,000 100,000 150,000 272,000 142,000 $728,000 $584,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers.
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