Question: Prepare a 2009 balance sheet for Bertinelli Corp. based on the following information: cash $195,000; patents and copy- rights $780,000; accounts payable $405,000; accounts receivable
Prepare a 2009 balance sheet for Bertinelli Corp. based on the following information: cash $195,000; patents and copy- rights $780,000; accounts payable $405,000; accounts receivable $137,000; tangible net fixed assets $2,800,000; inventory $264,000; notes payable $160,000; accumulated retained earnings $1,934,000; long-term debt $1,195,300
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