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Prepare a balance sheet for schubert products inc

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Reference no: EM132993455

Balance Sheet Preparation with a Missing Element The following data are available for Schubert Products Inc. as of December 31, 2017:
Cash $7,500
Accounts Payable 24,000
Capital Stock 42,000
Accounts Receivable 20,000
Building 49,500
Supplies 2,000
Retained Earnings ?
Land 20,000

Required:

Problem 1. Prepare a balance sheet for Schubert Products Inc.

Reference no: EM132993455

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