Question: The IT manager of On Call Realty Inc prepared the

The IT manager of On Call Realty, Inc., prepared the balance sheet of the company while the accountant was ill. The balance sheet contains numerous errors. In particular, the IT manager knew that the balance sheet should balance, so she plugged in the retained earnings amount to achieve this balance. The retained earnings amount, however, is not correct. All other amounts are accurate, but some are out of place.

1. Prepare a new, corrected balance sheet for On Call Realty,Inc.
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  • CreatedApril 29, 2014
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