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Use the following information to prepare a budgeted balance sheet for Stitch Corporation at March 31. Show computations for the cash and owners' equity amounts.

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Use the following information to prepare a budgeted balance sheet for Stitch Corporation at March 31. Show computations for the cash and owners' equity amounts. (Click the icon to view the March operating information.) Begin by determining the formula, then compute the ending cash balance Next determine the formula, then compute the ending owners' equity. Prepare the asset section of the balance sheet, then prepare the liabilities and owners' equity

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