Question: Expand the balance sheet for Exercise 1 to include figures for 2013. The company assets are: cash, $1,762; accounts receivable, $3,785; merchandise inventory, $2,036. The

Expand the balance sheet for Exercise 1 to include figures for 2013. The company assets are: cash, $1,762; accounts receivable, $3,785; merchandise inventory, $2,036. The liabilities are: accounts payable, $3,631; wages payable, $ 1,421. The owner's capital is $2,531?

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