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Compute the amount of retained earnings

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Reference no: EM132481206

Use the codes belowr to identify 1where each item appears in Bearkat Corporation's Balance Sheet prepared as of December 31, 2018. Then prepare a Balance Sheet, using pages 2 and 3. A few answers have been provided to get you started.

Question 1: Compute the amount of Retained Earnings needed to make Total Assets = Total Liabilities + Stockholders' Equity. ?ll accounts have a normal balance. All amounts are in thousands of dollars.

A. Current Assets

B. Current Liabilities

C. Investments and Funds

D. Long-Term Liabilities

E . Property, Plant and Equipment

F. Stockholders' Equity

G. Intangible Assets

H. Does not appear on the balance sheet

Reference no: EM132481206

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