Construct a balance sheet for sophiersquos sofas given the, Financial Accounting

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Construct a balance sheet for sophiersquos sofas given the

Construct a balance sheet for Sophie’s Sofas given the following data. What is shareholders’ equity?

Cash balances = $10,000

Inventory of sofas = $200,000

Store and property = $100,000

Accounts receivable = $22,000

Accounts payable = $17,000

Long-term debt = $170,000

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Financial Accounting: Construct a balance sheet for sophiersquos sofas given the

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Financial Accounting: Construct a balance sheet for sophiersquos sofas given the

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