The following is an alphabetical list of the December 31, 2007 balance sheet accounts and amounts for

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The following is an alphabetical list of the December 31, 2007 balance sheet accounts and amounts for the Green Manufacturing Company:


The following is an alphabetical list of the December 31,



Required
Prepare a properly classified balance sheet for the Green Manufacturing Company on December 31, 2007. List the additional parenthetical or note disclosures (if any) that should be made for each item. Compute the working capital and the current ratio.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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