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Prepare a balance sheet for Willis Corporation

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Question - Prepare a 2021 balance sheet for Willis Corporation based on the following information: Cash = $137,000; Patents and copyrights = $630,000; Accounts payable = $216,000; Accounts receivable = $130,000; Tangible net fixed assets = $1,645,000; Inventory = $298,000; Notes payable = $150,000; Accumulated retained earnings = $1,258,000; Long-term debt = $855,000.

Reference no: EM133104662

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