Financial information related to the proprietorship of Ebony Interiors for February and March 2013 is as follows:
February 28, 20Y3 March 31, 20Y3
Cash $320,000 $380,000
Accounts receivable 800,000 960,000
Supplies 30,000 35,000
Accounts payable 310,000 400,000
Common stock 200,000 200,000
Retained earnings ? ?
Required:
Prepare a balance sheet for Ebony Interiors as of February 28, 20Y3.
Answers: 3
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Financial information related to the proprietorship of Ebony Interiors for February and March 2013 i...
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