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Your answer is incorrect. Try again [ Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts DONAVAN, INC. Balance Sheet Assets Cash
Your answer is incorrect. Try again [ Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts DONAVAN, INC. Balance Sheet Assets Cash Inventory Buildings Total assets 7,000 10,000 45,000 $62,000 Liabilities and Stockholders' Equity Liabilities $5,000 Accounts payable Stockholders' Equity Common stock 5,000 (a) Retained earnings 57,000 (b) Total liabilities and stockholders' equity $62,000 DONAVAN, INC. $85,000 Cost of goods sold Salaries and wages expense 10,000
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