Proforma balance sheet for the upcoming year is given. The estimated net income is $2,621.60. If the
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Question:
Proforma Balance Sheet
Assets $20,972.80
Total $20,972.80
Debt $11,000.00
Equity $10,181.60
Total $21,181.60
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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