Question: Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $136,000; Patents and copyrights = $630,000: Accounts payable = $215,000 Accounts
Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $136,000; Patents and copyrights = $630,000: Accounts payable = $215,000 Accounts receivable - $105,000, Tangible net fixed assets = $1,640,000: Inventory = $297.500. Notes payable = $145.000; Accumulated retained earnings = $1,260,000, Long-term debt = $854,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) 07:32 ROGERS CORP. Balance Sheet Assets Liabilities and Equity Current liabilites Total liabilities Total assets Total liabilities & owners' equity Prev 4 of 7 ! Next >
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