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Use the information below to prepare a Balance Sheet. Accounts payable $2,400; Building $7,900; Retained earnings $13,600; Common shares $6,300; Patents $2,500; Notes payable (due
Use the information below to prepare a Balance Sheet.
Accounts payable $2,400; Building $7,900; Retained earnings $13,600; Common shares $6,300; Patents $2,500; Notes payable (due in 5 years) $6,500 Accounts receivable $1,500; Cash $5,600; Short-term investments $1,000; Land $6,400; Equipment $3,500; Long-term investments $400
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