Question: Prepare a balance sheet for Miss Muffins' Bakery for December 31, 2014. The company assets are: cash, $1,985; accounts receivable, $4,219; merchandise inventory, $2,512. The

Prepare a balance sheet for Miss Muffins' Bakery for December 31, 2014. The company assets are: cash, $1,985; accounts receivable, $4,219; merchandise inventory, $2,512. The liabilities are: accounts payable, $3,483; wages payable, $1,696. The owner's capital is $3,537?

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