Question: K Use the following information to prepare a budgeted balance sheet for Olivas Corporation at March 31. Show computations for the cash and stockholders'

Olivas Corporation at March 31. Show computations for the cash and stockholders'

K Use the following information to prepare a budgeted balance sheet for Olivas Corporation at March 31. Show computations for the cash and stockholders' equity amounts (Click the icon to view the March operating information.) Begin by determining the formula, then compute the ending cash balance. Beginning balance $ 11,400 Ending Receipts 14,200 Payments for inventory, liabilities, and other expenses cash balance 21,900 =$ 3,700 Next determine the formula, then compute the ending owners' equity Stockholders equity =

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