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THE BALANCE SHEET (Assets (Current assets (accounts receivable, notes…
THE BALANCE SHEET
Assets
Fixed assets
less accumulated depreciation
furniture and store equipment
delivery equipment
Intangible assets
patents
goodwill
Current assets
accounts receivable
notes receivable
marketable securities
merchandise inventory
cash
Liabilities
Current liabilities
salaries payable
taxes payable
notes payable
accounts payable
long-term liabilities loan
mortgage payable
Owners equity
Stock
Retained earnings