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Wiemers Corporation. Need help! Exercise 18-11 Wiemers Corporation's comparative balance sheets are presented below WIEMERS CORPORATION Balance Sheets December 31 2017 2016 Cash Accounts receivable
Wiemers Corporation. Need help!
Exercise 18-11 Wiemers Corporation's comparative balance sheets are presented below WIEMERS CORPORATION Balance Sheets December 31 2017 2016 Cash Accounts receivable (net) Inventory Land Buildings Accumulated depreciation-buildings 3,900 21,500 10,200 20,100 69,800 (15,000 10,300) 3,200 23,600 6,900 26,300 69,800 Total Accounts payable Common stock Retained earnings $110,500 $119,500 $30,700 69,300 19,500 $110,500 $119,500 $12,700 75,700 22,100 Total Wiemers's 2017 income statement included net sales of $114,000, cost of goods sold of $60,400, and net income of $15,800Step by Step Solution
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