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Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: Cash: Long-term debt:...

Question:




Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: Cash: Long-term debt: O
Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $ 54,000 $ 21,000 $130,000 $ 38,000 $169,000 $ 24,000 $ 50,000 $ 41,000 cash Fixed assets Other assets Operating assets Total assets 0 Total liabilities and equity

Answers

Cash 21000 Current Liabilities 54000
Operating assets 41000 Long term debt 130000
Fixed Asset 169000 Other liabilities 24000
Investments 50000
Other assets 38000 Stockholders equity 111000
319000 319000
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