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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