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BEESON COMPANY Balance Sheet December 31, 2017 Liabilities and Stockholders' Equity Accounts payable Accounts receivable Common stock Retained earnings Total liabilities and stockholders' equity Assets $18,000 9,500 40,000 8,000 $16,000 (12,000) 40,000 31,500 Cash Supplies Equipment Dividends Total assets $75,500 $75,500 Lono re ole Instructions

BEESON COMPANY Balance Sheet December 31, 2017 Liabilities and Stockholders' Equity Accounts payable Accounts receivable Common stock Retained earnings Total liabilities and stockholders' equity Assets $18,000 9,500 40,000 8,000 $16,000 (12,000) 40,000 31,500 Cash Supplies Equipment Dividends Total assets $75,500 $75,500 Lono re ole Instructions

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.17E: Profitability metrics The following selected data were taken from the financial statements of The...
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BEESON COMPANY Balance Sheet December 31, 2017 Liabilities and Stockholders' Equity $16,000 (12,000) 40,000 31,500 Assets $18,000 9,500 40,000 8,000 Accounts payable Accounts receivable Common stock Retained earnings Total liabilities and stockholders' equity Cash Supplies Equipment Dividends Total assets $75,500 $75,500 2ono Instructions Prepare a correct balance sheet.
Transcribed Image Text:BEESON COMPANY Balance Sheet December 31, 2017 Liabilities and Stockholders' Equity $16,000 (12,000) 40,000 31,500 Assets $18,000 9,500 40,000 8,000 Accounts payable Accounts receivable Common stock Retained earnings Total liabilities and stockholders' equity Cash Supplies Equipment Dividends Total assets $75,500 $75,500 2ono Instructions Prepare a correct balance sheet.
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