Question: 16. Preparing a Balance Sheet Prepare a 2010 balance sheet for Jarrow Corp. based on the following information: cash - $183,000; patents and copyrights =
16. Preparing a Balance Sheet Prepare a 2010 balance sheet for Jarrow Corp. based on the following information: cash =$183,000; patents and copyrights =$695,000; accounts payable = $465,000; accounts receivable =$138,000; tangible net fixed assets =$3,200,000; inventory = $297,000; notes payable =$145,000; accumulated retained earnings =$1,960,000; long-term debt =$1,550,000
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