Business, 25.03.2020 04:58, myanniespencer39
BRAINLIEST Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer questions 8 through 10 based on this balance sheet.
Accounts Payable
5,000
Long-term Notes Receivable
10,000
Accounts Receivable
15,000
Accrued Expenses
3,000
Cash
10,000
Short-term Notes Payable
7,000
Retained Earnings
2,000
Accumulated depreciation
2,000
Prepaid Expenses
3,000
Capital Stock
8,000
Supplies
7,000
8. What are the company’s total liabilities?
Question 8 options:
$10,000
$25000
$7000
$28,000
Answers: 1
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BRAINLIEST Prepare a balance sheet in proper format for the company as of December 31st based on the...
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