You have the following balances After completing the accounting operations in the records of Ahmed Trading...

  

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You have the following balances After completing the accounting operations in the records of Ahmed Trading Company for the end of the fiscal year 31/12/20117 cash 4000 Accounts Payable .10,000 short-term financial investments 18,000 Accrued expenses 3000 Accounts receivable 36000 Creditors 500o Receipt papers 160000 Loans less than a year 24,000 Securities income 9000 Payment papers 23000 Property, plant and equipment 374000 Home Loans 700,000 real estate investment 29000 Bank loans 35000 Intangible assets $110,000 Furniture 2000O machinery and equipment 40600 Provision for machinery depreciation 1000 Retained earnings 1000 Capital required? Preparing the balance sheet for Ahmed Company for the year 2017 You have the following balances After completing the accounting operations in the records of Ahmed Trading Company for the end of the fiscal year 31/12/20117 cash 4000 Accounts Payable .10,000 short-term financial investments 18,000 Accrued expenses 3000 Accounts receivable 36000 Creditors 500o Receipt papers 160000 Loans less than a year 24,000 Securities income 9000 Payment papers 23000 Property, plant and equipment 374000 Home Loans 700,000 real estate investment 29000 Bank loans 35000 Intangible assets $110,000 Furniture 2000O machinery and equipment 40600 Provision for machinery depreciation 1000 Retained earnings 1000 Capital required? Preparing the balance sheet for Ahmed Company for the year 2017

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Solution Balance Sheet For Ahmed Company December 31 2017 ASSETS Curr... View the full answer