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Use the following Information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ] Simon Company's yearend
Use the following Information for the Exercises below. Algo
The following information applies to the questions displayed below.
Simon Company's yearend balance sheets follow.
At Decenber
Assets
Cash
Accounts receivable, net
Merchandise inventory
Prepaid expenses
Plant assets, net
Total assets
Liabilities and Equity
Accounts payable
Longterm notes payable
Coninon stock, $ par value
Retained earnings
Total liabilities and equity
tableCurrent Year,Year Ago, Years Ago$$$
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