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the managment of mecca copy The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in

the managment of mecca copy
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The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted balance sheet for next year: Cash Accounts receivable Supplies inventory Equipment Accumulated depreciation Accounts payable Common stock Retained earnings Ending Balances 2 $ 9,600 $ 3,600 $ 41,500 $ 16,800 $ 3,300 $ 5,000 The beginning balance of retained earnings was $32,000, net income is budgeted to be $15,700, and dividends are budgeted to be $5,800 Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

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