The following is the ending balances of accounts at December 31, 2024, for the Vosburgh Electronics Corporation. Debits $ 83,000 198,000 139,000 43,000 223,000 48,000 24,000 288,000 1,630,000 645,000 160,000 48,000 290,000 20,000 Account Title Cash Short-term investments Accounts receivable Long-term investments Inventory Receivables from employees Prepaid expenses (for 2025) Land Building Equipment Patent (net) Franchise (net) Notes receivable Interest receivable Accumulated depreciation-building Accumulated depreciation-equipment Accounts payable Dividends payable (payable on 1/16/2025) Interest payable Income taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals Credits $ 628,000 218,000 197,000 18,000 24,000 48,000 68,000 316,000 16,000 2,032,000 274,000 $3,839,000 $3,839,000

The following is the ending balances of accounts at December 31, 2024, for the Vosburgh Electronics Corporation. Debits $ 83,000 198,000 139,000 43,000 223,000 48,000 24,000 288,000 1,630,000 645,000 160,000 48,000 290,000 20,000 Account Title Cash Short-term investments Accounts receivable Long-term investments Inventory Receivables from employees Prepaid expenses (for 2025) Land Building Equipment Patent (net) Franchise (net) Notes receivable Interest receivable Accumulated depreciation-building Accumulated depreciation-equipment Accounts payable Dividends payable (payable on 1/16/2025) Interest payable Income taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals Credits $ 628,000 218,000 197,000 18,000 24,000 48,000 68,000 316,000 16,000 2,032,000 274,000 $3,839,000 $3,839,000

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Description: Do Not Give Solution In image Format & Fast Answer Please Thanks .. The following is the ending balances of accounts at December 31, 2024, for the Vosburgh Electronics Corporation.Debits$ 83,000198,000139,00043,000223,00048,00024,000288,000Account Ti

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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