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Vadero Inc engaged in the following transactions:
1. Issued common shares of 300.
2. Bought equipment for 200.
3. Bought inventory of 100. 80 of this was paid in cash. The remainder is outstanding at the balance sheet date.
4. Sold 75% of the inventory for 120. 100 of this had been received in cash at the balance sheet date.
5. Paid cash expense of 15.
Question 1: Construct the balance sheet of Vadero Inc.
If the expected inflation rate is 6 percent in the United States, what is the expected inflation rate in Switzerland?
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Prepare the journal entries for the crane company transactions. Crane company had these transactions during the current period
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