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The following balance sheet has been submitted to you by in inexperienced bookkeeper. List your suggestions for improvements in the format of the balance sheet.

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The following balance sheet has been submitted to you by in inexperienced bookkeeper. List your suggestions for improvements in the format of the balance sheet. Consider both terminology deficiencies as well as classification inaccuracies. (There are at least 15 deficiencies.) Items located at the company's branch sales office amounting to $40, 000 are excluded since the company has company has consistently followed this procedure for many years

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