Construct a Balance Sheet for JR's Jigsaws given the following data. Remember to calculate Shareholders' Equity! Cash = $20,000 Inventory of Jigsaws = $400,000 Store and Property = $200,000 Accounts Receivable = $44,000 Accounts Payable = $34,000 Long Term Debt = $340,000

Construct a Balance Sheet for JR's Jigsaws given the following data. Remember to calculate Shareholders' Equity! Cash = $20,000 Inventory of Jigsaws = $400,000 Store and Property = $200,000 Accounts Receivable = $44,000 Accounts Payable = $34,000 Long Term Debt = $340,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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