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

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.) Answer is complete but not entirely correct

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