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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 53
Content of a Balance Sheet
You are to prepare a balance sheet for a hypothetical business entity of your choosing (or specified by your instructor).nclude in your balance sheet the types of assets and liabilities that you think the entity might have, and show these items at what you believe would be realistic dollar amounts.ake reasonable assumptions with regard to the company's capital stock and retained earnings.
Note : The purpose of this assignment is to help you consider the types of assets and liabilities required for the operations of a specific type of business.ou should complete this assignment without referring to an actual balance sheet for this type of business.
You are to prepare a balance sheet for a hypothetical business entity of your choosing (or specified by your instructor).nclude in your balance sheet the types of assets and liabilities that you think the entity might have, and show these items at what you believe would be realistic dollar amounts.ake reasonable assumptions with regard to the company's capital stock and retained earnings.
Note : The purpose of this assignment is to help you consider the types of assets and liabilities required for the operations of a specific type of business.ou should complete this assignment without referring to an actual balance sheet for this type of business.
Explanation
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Balance sheet for a hypothetical entity:...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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