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Homework answers / question archive / XYZ's trial balance reflected the following account balances at December 31, 2019: Accounts receivable (net) $24,000 Trading securities 6,000 Accumulated depreciation equipment 15,000 Cash 21,000 Inventory 30,000 Equipment 25,000 Patent 4,000 Prepaid expenses 2
XYZ's trial balance reflected the following account balances at December 31, 2019: Accounts receivable (net) $24,000 Trading securities 6,000 Accumulated depreciation equipment 15,000 Cash 21,000 Inventory 30,000 Equipment 25,000 Patent 4,000 Prepaid expenses 2.000 Land 18.000 In XYZ's December 31, 2019statement of financial position, the current assets total 5101.000 $57.000 583.000
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