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 receivable$115,000:
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 ther liquidity. Do not round intermediate calculations.) ROGERS CORP Balance Sheet Assets Cash Current assets Cash Accounts receivable Inventory Total assets Liabilities ncumulated alane Pray 90f 10 Next > Current assets Cash Accounts receivable Inventory Total assets Liabilities earnings Notes payable Long-term debt Current liabilities Total liabilities Totaliablities & owners Prex9
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