Question: Prepare a balance sheet from the following information…
Prepare a balance sheet from the following information: Accounts Rec 20k, Bonds Outstanding 160k, Accounts Payable 20k, Dividends Paid 137k, Accruals 30k, Common Stock 100k, Retained earnings 245k(beginning of 2015), Cash 20k, Inventory 45k, Net fixed assets 600k (beginning of 2015)
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