Use the following information from the balance sheet of Raineer Plumbing to determine the missing...
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Accounting
Use the following information from the balance sheet of Raineer Plumbing to determine the missing amounts. Cash and cash equivalents $ 46,000 Accounts payable $ 38,000 Retained earnings ?question mark Accounts receivable 126,000 Inventory ?question mark Notes payable (due in 2 years) 56,000 Common stock 160,000 Property, plant and equipment (net) ?question mark Total current assets 265,000 Total assets 460,000
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