Question: Prepare the 2018 balance sheet for Ripon Inc. based on the following information Sales Retained Earnings Cash Cost of goods sold Account Receivables Accruals Long-term
Prepare the 2018 balance sheet for Ripon Inc. based on the following information Sales Retained Earnings Cash Cost of goods sold Account Receivables Accruals Long-term debt EBIT Notes Payable Common Stock Accounts Payable Inventories Gross Fixed Assets Accumulated Depreciation and Amortization Interest expense $689,720 203,768 57,600 228,000 351,200 136,000 323,432 190,428 200,000 460,000 145,600 715,200 491,000 146,200 43,828
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