Question: The following partial balance sheet contains errors The following partial balance sheet contains errors. ZABEL COMPANY Balance Sheet December 31, 20Y4 Current assets: Cash Notes

The following partial balance sheet contains errors. ZABEL COMPANY Balance Sheet December

The following partial balance sheet contains errors

The following partial balance sheet contains errors. ZABEL COMPANY Balance Sheet December 31, 20Y4 Current assets: Cash Notes receivable Less interest receivable Account receivable Plus allowance for doubtful accounts Prepare a corrected partial balance sheet for Zabel Company. ZABEL COMPANY Balance Sheet December 31, 20Y4 Current assets: Accounts payable X Notes receivable Account receivable Cash X Interest receivable $115,000 g,ooo $475,000 11,150 $75,000 105,000 485, 150

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