Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the...
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Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $200,000; patents and copyrights = $854,000; accounts payable = $289,000; accounts receivable = $260,000; tangible net fixed assets = $5,170,000; inventory = $545,000; notes payable = $182,000; accumulated retained earnings = $4,656,000; long-term debt $1,180,000. Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Cash Accounts receivable Inventory Balance Sheet Assets Current assets Tangible net fixed assets Intangible net fixed assets Total assets Current liabilities Total liabilities Liabilities Total liabilities & owners' equity $ 200,000 260,000 545,000 $ 1,005,000 Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $200,000; patents and copyrights = $854,000; accounts payable = $289,000; accounts receivable = $260,000; tangible net fixed assets = $5,170,000; inventory = $545,000; notes payable = $182,000; accumulated retained earnings = $4,656,000; long-term debt $1,180,000. Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Cash Accounts receivable Inventory Balance Sheet Assets Current assets Tangible net fixed assets Intangible net fixed assets Total assets Current liabilities Total liabilities Liabilities Total liabilities & owners' equity $ 200,000 260,000 545,000 $ 1,005,000
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