Question: - Prepare a 2020 balance sheet for Jarrow Corp. based on the following information: cash = $146,000; patents and copyrights = $630,000; accounts payable

- Prepare a 2020 balance sheet for Jarrow Corp. based on the

- Prepare a 2020 balance sheet for Jarrow Corp. based on the following information: cash = $146,000; patents and copyrights = $630,000; accounts payable = $222,500; accounts receivable $165,000; tangible net fixed assets $1,665,000; inventory = $302,500; notes payable = $135,000; accumulated retained earnings = $1,240,000; long-term debt = $864,000. (Do not round intermediate calculations. Be sure to list the accounts in order of their liquidity.) Assets Tangible net fixed assets Current assets. JARROW CORP. Balance Sheet 1,665,000

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