Harari, inc, has the following balance sheet at December 31,2018: Harari projects the following transactions for 2019:
Prepare a budget balance sheet for Harari, Inc. for December 31, 2019.

  

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Begin by completing the accounting equation for the 2019 transactions. (Use a minus sign or parentheses to enter account reductions and contra asset balances and activity. If a box is not used in the equation leave the box empty: do not enter a zero. Abbreviations used) Cash A/R + RM Inv. + FG Inv.+ Equip. (A/D) = A/P CS RE Dec. 31, 2018 +] Sales on acct Cash recpts. Purch. RM Pmts on acct RM used Direct labor Mfg. OH Depr COGS S and A +] Purch equip Dec. 31, 2019 Begin by completing the accounting equation for the 2019 transactions. (Use a minus sign or parentheses to enter account reductions and contra asset balances and activity. If a box is not used in the equation leave the box empty: do not enter a zero. Abbreviations used) Cash A/R + RM Inv. + FG Inv.+ Equip. (A/D) = A/P CS RE Dec. 31, 2018 +] Sales on acct Cash recpts. Purch. RM Pmts on acct RM used Direct labor Mfg. OH Depr COGS S and A +] Purch equip Dec. 31, 2019

Answer rating: 100% (QA)

Cash AR RM Inv FG Inv Equip AD AP CS RE Dec 31 2018 2200 700 700 1850 14000 3500 1700 50... View the full answer