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The following information is available from previously prepared budgets for the month of January: January Cash 67,000 Accounts Receivable 36,000 Raw Materials Inventory 13,000 Finished
The following information is available from previously prepared budgets for the month of January: January Cash 67,000 Accounts Receivable 36,000 Raw Materials Inventory 13,000 Finished Goods Inventory 15,000 Equipment 43,000 Accumulated Depreciation Equipment 14,000 Accounts Payable 44,000 Common Stock 48,000 Previous period's ending balance in Retained Earnings is and the budgeted net income is . No dividends are expected to be declared or paid. When preparing the budgeted balance sheet for January, what is the amount of total assets?
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