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The following spreadsheet is for the Manhattan Family Dentistry on January 1 of the current year. Complete the following balance sheet for Manhattan Family Denistry
The following spreadsheet is for the Manhattan Family Dentistry on January 1 of the current year.
internal users in making strategic and tactical deelsi&hs but also incorporate non-financial information that will assist accounting equation. The following spreadsheet is for Manhattan Family Dentistry on January 1 of the current year. Complete the following balance sheet for Manhattan Family Dentistry on January 4 of the current year. MANHATTAN FAMILY DENTISTRY Balance Sheet January 1, 20 Assets Liabilities & Stockholders' Equity Cash Accounts receivable 20,000 $ 20,000 Liabilities receivable 31,000 90,000 Accounts payable $45.000 Building Equipment225.000 Total assets. During the first few days of January, the following transactions occurred: Jan 2 Equipment was purchased for $38,000 on credit $ 45,000 456,000 $501.000 225,000 Owners' equity Capital stock. 501,000 Total liabilities and owners' equity... 2 The business collected $16,000 of its accounts receivable and paid $23,000 of its accounts payable 3 The business borrowed $60,000 from the bank, giving a note payable due in 90 days 3 Additional capital stock was issued in exchange for $27,000 cash Please submit your assignment. For assistance with your assignment, please use your text, Web resources, and all course materials r assignment ill be graded in accordance with the following criteria, Click here to view the grading rubric Complete the following balance sheet for Manhattan Family Denistry on January 4 of the current year.
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