Question: Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $230,000; Patents and copyrights $690,000; Accounts payable $400,000; Accounts receivable =
Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $230,000; Patents and copyrights $690,000; Accounts payable $400,000; Accounts receivable = $169,000; Tangible net fixed assets = $4,300,000; Inventory = $225,000; Notes payable = $190,000; Accumulated retained earnings = $1,285,000; Long-term debt = $1,630,000. What is the common stock account balance for the company
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