Question: List the errors you find in the following partial balance sheet: Burnt Red Company Balance Sheet December 31, 20Y2 Assets Total current assets $350,000 Replacement

List the errors you find in the following partial balance sheet:

Burnt Red Company Balance Sheet December 31, 20Y2 Assets Total current assets $350,000 Replacement Accumulated Book Depreciation Value Cost Property, plant, and equipment Land... Buildings. 450,000 375,000 125,000 90,000 60,000 50,000 $200,000 290,000 235,000 65,000 90,000 50,000 420,000 930,000 160,000 140,000 60,000 10,000

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