CIPD QUESTIONS

100% correct award:10 out of 10.00 points Prepare a 2011

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award:10 out of 10.00 points

Prepare a 2011 balance sheet for Cornell Corp. based on the following information: cash = $136,000;patents and copyrights = $630,000; accounts payable = $215,000; accounts receivable = $105,000;tangible net fixed assets = $1,640,000; inventory = $297,500; notes payable = $145,000; accumulated retained earnings = $1,260,000; long-term debt = $854,000. (Be sure to list the accounts in order of their liquidity.)

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100% correct award:10 out of 10.00 points Prepare a 2011

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