Prepare a balance sheet for DEFT Corporation using the following balances at the end of December. Balances $ 20,000 35,000 32,000 6,800 Accounts Liabilities Expenses Assets Cash Revenues Dividends Total Assets 42,000 4,000 DEFT Corporation Balance Sheet Total liabilities and stockholders' equity

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prepare a balance sheet for DEFT Corporation using the following balances at the end of December.
Balances
$ 20,000
35,000
32,000
Accounts
Liabilities
Expenses
Assets
Cash
Revenues
Dividends
Total Assets
6,800
42,000
4,000
DEFT Corporation
Balance Sheet
Total liabilities and stockholders' equity
Transcribed Image Text:Prepare a balance sheet for DEFT Corporation using the following balances at the end of December. Balances $ 20,000 35,000 32,000 Accounts Liabilities Expenses Assets Cash Revenues Dividends Total Assets 6,800 42,000 4,000 DEFT Corporation Balance Sheet Total liabilities and stockholders' equity
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