Friday, 12 October 2012


BE 1-9
In alphabetical order below are balance sheet items for Lopez Company at december 31, 2008. Kim Lopez is the owner of Lopez Company. Prepare a balance sheet, following the format of Illustration 1-9 

Accounts payable              $90,000
Accounts receivable          $72000
Cash                                  $49,000
Kim Lopez, Company          31,500









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