
Concept Introduction
Condensed balance sheet: A condensed balance sheet is a balance sheet that contains information in a few lines. It is presented in a highly summarized format. For example: the assets section contains current assets and fixed assets and the liabilities section contains current liabilities and long-term liabilities.
To Prepare: Jim’s condensed balance sheet as of December 31, 2016.

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Chapter 17 Solutions
Horngren's Accounting, The Financial Chapters (11th Edition) - Standalone Book
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