Question: please solve Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $132.000. Patents and copyrights $630,000. Accounts payable =
Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $132.000. Patents and copyrights $630,000. Accounts payable = $212,500, Accounts receivable = $102,500; Tangible net fixed assets = $1,630,000; Inventory $295,500; Notes payable = $185,000. Accumulated retained earnings = $1,268,000 Long-term debt = $850,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) ROGERS CORP. Balance Sheet Assets Liabilities and Equity Current liabilites Total liabilities Total liabilities & owners equity Total assets
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