Question
Use the following information to prepare theclassified balance sheet forAlpha Co. at the end of Year 1. Accounts receivable $40,810 Long-term notes payable $22,150 Accounts
Use the following information to prepare theclassified balance sheet forAlpha Co. at the end of Year 1.
Accounts receivable $40,810 Long-term notes payable $22,150
Accounts payable $6,280 Merchandise inventory $29,450
Cash $13,740 Retained earning $21,570
Common stock $45,000
Land $11,000
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College Accounting Chapters 1-13
Authors: John Price, M David Haddock, Michael Farina
13th Edition
007743062X, 9780077430627
