(Answered) : tps://media.cheggcdn.com/media%2F9ee%2F9eef2a84-25bb-495e-a8ef-d178dbdce984%2Fimage To Do As apter 03 Pre-Built Problems Help Sav

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To Do As apter 03 Pre-Built Problems Help Save&Exit Submit Check my work The following balance sheet for the Los Gatos Corporation was prepared by a recently hired accountant.In reviewing the statement you notice several erors. Decenber 31, 2018 ints Cash Accounts receivable Inventories $ 42,000 83,000 56,000 121,000 31,000 $333,000 Machinery (net) Total assets Liabilities and Shareholders Equit Allowance for uncollectible accounts Note payable Bonds payable s 52,000 6,000 57,000 111,000 107,000 $333,000 equity Total liabilities and shareholders equity Additional information: 1. Cash includes a $21,000 restricted amount to be used for repayment of the bonds payable in 2022.