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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
Following is an alphabetical list of the assets, liabilities, and shareholders' equity accounts of Bliz Inc. Prepare a balance sheet dated April 30, 2014.

Accounts payable   $10,200   Note payable   $15,000
Accounts receivable   17,000   Retained earnings   27,500
Cash   32,900   Salary payable    10,700
Common shares   34,400   Supplies   13,900
Inventory   34,000
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925

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#1
6 years ago
Bliz Inc.
   Balance Sheet
   April 30, 2014
   Assets         Liabilities
Cash   $32,900   Accounts payable   $10,200
Accounts receivable    17,000   Note payable   15,000
Inventory   34,000   Salary payable    10,700
Supplies   13,900   Total liabilities   35,900
         Shareholders' equity   
      Common shares   34,400
      Retained earnings    27,500
      Total shareholders' equity   61,900
      Total liabilities and   ______
Total assets   $97,800      shareholders' equity   $97,800
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