The balance sheet items for The Oven Bakery (arranged in alphabetical order) were as follows at...

 

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The balance sheet items for The Oven Bakery (arranged in alphabetical order) were as follows at August 1, 2011. (You are to compute the missing figure for Retained Earnings.) Equipment and Fixtures. Land.... Accounts Payable.. $16,200 $44,500 Accounts Receivable 11,260 67,000 Building.. Capital Stock Notes Payable Salaries Payable 84,000 74,900 80,000 8,900 Cash... 6,940 Supplies 7,000 The balance sheet items for The Oven Bakery (arranged in alphabetical order) were as follows at August 1, 2011. (You are to compute the missing figure for Retained Earnings.) Equipment and Fixtures. Land.... Accounts Payable.. $16,200 $44,500 Accounts Receivable 11,260 67,000 Building.. Capital Stock Notes Payable Salaries Payable 84,000 74,900 80,000 8,900 Cash... 6,940 Supplies 7,000

Answer rating: 100% (QA)

Accounting Equation for a balance sheet is given by Assets Capital Liabilities Total A... View the full answer