Prepare a balance sheet for DEFT Corporation using the following balances at the end of December. Balances $ 20,000 35,000 32,000 6,800 42,000 4,000 Accounts Liabilities Expenses Assets Cash Revenues Dividends Cash Assets Total Assets Answer is complete but not entirely correct. DEFT Corporation Balance Sheet X $ 6,800 X Liabilities 32,000 $ 38,800 Stockholders' equity Total liabilities and stockholders' equity $ $ $ 20,000 3,000 X 23,000

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Prepare a balance sheet for DEFT Corporation using the following balances at the end of December. Accounts Liabilities Expenses Balances $ 20,000 35,000 Assets 32,000 Cash 6,800 Revenues 42,000 Dividends 4,000 Cash Assets Answer is complete but not entirely correct. DEFT Corporation Balance Sheet 6,800 Liabilities 32,000 ( Stockholders' equity $ 20,000 S 3,000 Total Assets $ 38,800 Total liabilities and stockholders' equity $ 23,000 Prepare a balance sheet for DEFT Corporation using the following balances at the end of December. Accounts Liabilities Expenses Balances $ 20,000 35,000 Assets 32,000 Cash 6,800 Revenues 42,000 Dividends 4,000 Cash Assets Answer is complete but not entirely correct. DEFT Corporation Balance Sheet 6,800 Liabilities 32,000 ( Stockholders' equity $ 20,000 S 3,000 Total Assets $ 38,800 Total liabilities and stockholders' equity $ 23,000