Identify the dollar amounts of apple

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Reference no: EM131527885

Question: 1. Use Apple's September 26, 2009, financial statements, in Appendix A near the end of the book, to answer the following:

a. Identify the dollar amounts of Apple's 2009 (1) assets, (2) liabilities, and (3) equity.

b. Using Apple's amounts from part a, verify that Assets 5 Liabilities 1 Equity

2. The following is selected financial information for Affiliated Company as of December 31, 2011: liabilities, $34,000; equity, $56,000; assets, $90,000. Required Prepare the balance sheet for Affiliated Company as of December 31, 2011.

Reference no: EM131527885

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