Question: can some one please help me step by step to get the solution for A. accounts payable B. Retained earnings C. Inventory. thank you The
The December 31, Year 4, balance sheet for Perez Corporation is presented here. These are the only accounts on Perez's balance sheet. Amounts indicated by question marks ( C) can be calculated using the following additional information. Required 0. Compute the balance in trade accounts payable as of December 31, Year 4. b. Compute the balance in retained earnings as of December 31 , Year 4. c. Compute the balance in the inventory account as of December 31 , Year 4 . (Assume that the level of inventory did not change from last year) (For all requirements, negotive amounts should be indicoted by a minus sign. Do not round intermediate calculations. Round your onswers to the neorest whole dollar amount.)
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