Construct a complete properly formatted balance sheet as of December 31, 2019 for ABC Company,...
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Accounting
Construct a complete properly formatted balance sheet as of December 31, 2019 for ABC Company, an LLC owned by 1 individual using the following information:
Accumulated Depreciation $11,000
Equipment Loan $18,000
Payroll Taxes Payable $2,200
Accounts Receivable $91,000
Equipment $55,000
Office Furviture $12,500
Cash $6,000
Accounts Payable $33,000
Inventory $100,000
Sales Taxes Payable $5,400
Management Salaries Payable $11,400
Computers $7,500
Equipment Rent Payable $1,900
Short-Term Portion of Equipment Loan $1,800
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