Question
Using the following accounts, complete a balance sheet Accounts receivable $ 237,000 Inventory 243,000 Accounts payable 89,000 Notes payable 169,000 Cash 95,000 2,080,976 Sales (Sales
Using the following accounts, complete a balance sheet
Accounts receivable $ 237,000
Inventory 243,000
Accounts payable 89,000
Notes payable 169,000
Cash 95,000
2,080,976 Sales (Sales = Income)
Interest expense 19,296
Fixed assets 500,000
87,000 Accruals (accumulated)
188,000 Long Term Debt
255,000 Comon stock (common equity)
40% Taxes
212,000 Retained earnings
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
