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Q2. Prepare a common sized Balance Sheet for the below Balance sheet? (Show your calculations) (1 Mark)- Ch 4 Cash 21,00
Posted: Sat Feb 26, 2022 9:07 am
by answerhappygod
- Q2 Prepare A Common Sized Balance Sheet For The Below Balance Sheet Show Your Calculations 1 Mark Ch 4 Cash 21 00 1 (46.14 KiB) Viewed 36 times
Q2. Prepare a common sized Balance Sheet for the below Balance sheet? (Show your calculations) (1 Mark)- Ch 4 Cash 21,000 Acct/Rec 52,000 Inventories 200,500 Current assets 273,500 Net fixed assets 132,000 Total assets 405,500 Accts/Pay 22,800 Accrued expenses 21,000 Short-term N/P 8,700 Current liabilities 52,500 Long-term debt 150,000 Total liabilities 202,500 Owner's equity 203,000 Total liabilities and owners' 405,500 equity