Question: Prepare a 2 0 2 4 balance sheet for Willis Corporation based on the following information: Cash = $ 1 4 2 , 0 0

Prepare a 2024 balance sheet for Willis Corporation based on the following information: Cash = $142,000; Patents and copyrights = $630,000; Accounts payable = $219,500; Accounts receivable = $162,500; Tangible net fixed assets = $1,655,000; Inventory = $300,500; Notes payable = $115,000; Accumulated retained earnings = $1,248,000; Long-term debt = $860,000.
Prepare a 2024 balance sheet for Willis Corporation based on the

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