Question: Prepare a 2010 balance sheet for Jarrow Corp based on
Prepare a 2010 balance sheet for Jarrow Corp. based on the following information: cash = $175,000; patents and copyrights = $730,000; accounts payable = $435,000; accounts receivable = $240,000; tangible net fixed assets = $3,650,000; inventory = $405,000; notes payable = $160,000; accumulated retained earnings = $1,980,000; long-term debt = $2,140,000.
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