Use the appropriate items from the following list to prepare L'Originelle Bakery's balance sheet at December...

 

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Use the appropriate items from the following list to prepare L'Originelle Bakery's balance sheet at December 31, 2020. Item Value at December 31, 2020 (€ thousands) Accruals Accounts payable Accumulated depreciation Ordinary share capital Long-term debts Accounts receivable Buildings Cash Cost of goods sold Depreciation expense Equipment and machinery Furniture and fixtures General expense Inventories Land at cost Marketable securities Vehicles Total 900 530 215 5,000 90 1,120 340 640 750 200 1,775 50 11,610 Notes payable Share premium account Preference share capital Retained earnings Sales revenue Total 110 440 550 180 840 950 720 200 420 7,200 11,610 Use the appropriate items from the following list to prepare L'Originelle Bakery's balance sheet at December 31, 2020. Item Value at December 31, 2020 (€ thousands) Accruals Accounts payable Accumulated depreciation Ordinary share capital Long-term debts Accounts receivable Buildings Cash Cost of goods sold Depreciation expense Equipment and machinery Furniture and fixtures General expense Inventories Land at cost Marketable securities Vehicles Total 900 530 215 5,000 90 1,120 340 640 750 200 1,775 50 11,610 Notes payable Share premium account Preference share capital Retained earnings Sales revenue Total 110 440 550 180 840 950 720 200 420 7,200 11,610

Answer rating: 100% (QA)

The calculation of net income is being shown in th... View the full answer