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Mecca Copy, a photocopying center located on University Avenue, provided the following data to prepare...

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Accounting

Mecca Copy, a photocopying center located on University Avenue, provided the following data to prepare a budgeted
balance sheet for next year:
The beginning balance of retained earnings was $28,000, budgeted net income is $11,500, and budgeted dividends
are $4,800.
Required:
Prepare the company's budgeted balance sheet.
Note: Amounts to be deducted should be indicated by a minus sign.
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