3
Prepare a balance sheet in proper format for the company as of December 31st
based on...
Business, 28.05.2020 04:57, kmontello5
3
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.
5
Accounts Payable
5,000
Long-term Notes Receivable
10,000
Accounts Receivable
15,000
Accrued Expenses
8
3,000
9
Cash
10,000
Short-term Notes Payable
7,000
Retained Eamings
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?
Answers: 3
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