Question: Using the information below, complete the balance sheet for January 1, 2019 in the space provided. Then answer the questions. Accounts payable $16,500 Accounts

Using the information below, complete the balance sheet for January 1, 2019in the space provided. Then answer the questions. Accounts payable $16,500 Accounts

Using the information below, complete the balance sheet for January 1, 2019 in the space provided. Then answer the questions. Accounts payable $16,500 Accounts receivable $15,500 Checking account balance $9,415 Other Crops $125,000 Machinery and equipment $185,000 Soybeans $18,400 .Net present value of land $550,000 Principal loan payment on land of $16,000 leaving a remaining balance of $320,000. $18,750 in interest due. Taxes payable $17,000

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