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Using the Score Financial Projections Template (See Pictures Below) analyze the pictures in their entirety for any aspects that may not be obvious to the
Using the Score Financial Projections Template (See Pictures Below) analyze the pictures in their entirety for any aspects that may not be obvious to the common financial statement user. Explain each of these areas of possible confusion. Please label each section of confusion by the label at the top of the picture.
Balance Sheet Years I Current Assets Inventory 8803 Other COSAS 1333 667 Total current Assets 3 I,557, 3028MSI 2,258,978 Assets RealEstate Land Real Estate Building 8000 BIDCO 3000 20000 20000 20000 Leasehold improvements quipment 0500 Furniture and Fixtures 30000U 30000 vehicle 2000 2000 2000 other Total Fixed Assets 120,500 120,500 120,500 Les Accumulated Depreciation) 277215 Commercial Morugage Balance Credit Debt Balanc Vehicle Loans Balan Other Bank Debt Balance Total Liabilities (557.294) (584,513) (612,063) Retained Earnings Dividends DispersedOwners Draw 2,936,270 2,22239 S 3 23SI Total Liabilities and Equity 665,096 3,106,290 Balance sheet in or out of balance? 8-Balance Sheet Balance Sheet Years I Current Assets Inventory 8803 Other COSAS 1333 667 Total current Assets 3 I,557, 3028MSI 2,258,978 Assets RealEstate Land Real Estate Building 8000 BIDCO 3000 20000 20000 20000 Leasehold improvements quipment 0500 Furniture and Fixtures 30000U 30000 vehicle 2000 2000 2000 other Total Fixed Assets 120,500 120,500 120,500 Les Accumulated Depreciation) 277215 Commercial Morugage Balance Credit Debt Balanc Vehicle Loans Balan Other Bank Debt Balance Total Liabilities (557.294) (584,513) (612,063) Retained Earnings Dividends DispersedOwners Draw 2,936,270 2,22239 S 3 23SI Total Liabilities and Equity 665,096 3,106,290 Balance sheet in or out of balance? 8-Balance SheetStep by Step Solution
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