Create balance sheet using the data given below: Accounts Accounts Receivable, net Cash Accounts Payable Common Stock,
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Accounts Accounts Receivable, net Cash Accounts Payable Common Stock, $1 par Cost of Goods Sold Income Tax rate Interest Expense Inventory O Marketable Securities Note Payable due in eighteen months 2 Plant, Property, & Equipment, net 3 Prepaid expenses Retained Earnings 5 Sales 6 Selling and Administrative expenses 7 Wages Payable P This Year 3,901 2,960 160 5,000 15,138 30% 792 3,900 2,580 6,700 9,300 200 10,581 30,750 1,590 400 Last Year Classification 1,600 Current Asset 1,260 Current Asset 2,160 Current Liabilities 5,000 Equity 9,900 Expense 37% Other 780 Expense 2,700 Current Asset 300 Current Asset 6,500 Current Liabilities 8,940 Non-Current Asset 480 Current Asset 1,320 Equity 25,480 Revenue 1,560 Expense 300 Current Liabilities Accounts Accounts Receivable, net Cash Accounts Payable Common Stock, $1 par Cost of Goods Sold Income Tax rate Interest Expense Inventory O Marketable Securities Note Payable due in eighteen months 2 Plant, Property, & Equipment, net 3 Prepaid expenses Retained Earnings 5 Sales 6 Selling and Administrative expenses 7 Wages Payable P This Year 3,901 2,960 160 5,000 15,138 30% 792 3,900 2,580 6,700 9,300 200 10,581 30,750 1,590 400 Last Year Classification 1,600 Current Asset 1,260 Current Asset 2,160 Current Liabilities 5,000 Equity 9,900 Expense 37% Other 780 Expense 2,700 Current Asset 300 Current Asset 6,500 Current Liabilities 8,940 Non-Current Asset 480 Current Asset 1,320 Equity 25,480 Revenue 1,560 Expense 300 Current Liabilities
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date:
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