Essay
The adjusted trial balance for DVD Concepts at December 31, 2014, is as follows: 
Instructions
a. Calculate the balance of J. Yan, Capital that would appear on a balance sheet at December 31, 2014.
b. Prepare a classified balance sheet for DVD Concepts at December 31, 2014 assuming the note payable is payable on November 30, 2016.
c. Calculate working capital and the current and acid-test ratios for DVD Concepts.
Correct Answer:
Verified
Correct Answer:
Verified
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