Question: = Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $127,000; Patents and copyrights $660,000; Accounts payable $210,000; Accounts

= Prepare a 2018 balance sheet for Rogers Corp. based on the

= Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $127,000; Patents and copyrights $660,000; Accounts payable $210,000; Accounts receivable = $115,000; Tangible net fixed assets $1,610,000; Inventory = $286,000; Notes payable $155,000; Accumulated retained earnings $1,368,000; Long-term debt $830,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) = Assets Current assets Total assets Liabilities Current liabilities Total liabilities ROGERS CORP. Balance Sheet Total liabilities & owners' equity

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