Business, 18.08.2019 03:10 jlewis711777
The management of a company has compiled the following data to use in preparing its budgeted balance sheet for next year: ending balancescash ? accounts receivable $ 8,300supplies inventory $ 3,200equipment $ 35,000accumulated depreciation $ 14,200accounts payable $ 2,000common stock $ 5,000retained earnings ? the beginning balance of retained earnings was $30,000, net income is budgeted to be $13,900, and dividends are budgeted to be $3,100.required: prepare the company's budgeted balance sheet
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