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At the beginning of 2018, the Redd Company had the following balances in its accounts: Cash Inventory Common stock Retained eIncome Statement Event Assets Accounts Receivable REDD COMPANY Horizontal Statements Model - 2018 Balance Sheet = Liabilities

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REDD COMPANY
Horizontal Statements Model - 2018
Event Balance Sheet Income Statement Statement of Cash Flows
Assets = Liabilities + Stockholders' Equity Revenue - Expenses = Net Income
Cash + Accounts Receivable + Merchandise Inventory = Accounts
Payable		 + Common Stock + Retained Earnings
Bal. 8400 + + 2400 = + 7900 + 2900 - = NA
1a. + + 5900 = 5900 + + - = NA
1b. -540 + + 540 = + + - = -540 OA
2 + + -400 = -400 + + - = NA
3 -5390 + + -110 = -5500 + + - = -5390 OA
4a. + 9400 + = + + 9400 9400 - = 9400 NA
4b. + + -6400 = + + -6400 - 6400 = -6400 NA
5a. -840 + + = + + -840 -840 - = -840 -840 OA
5b. + + 540 = + + 540 - -540 = 540 NA
6 -640 + + = + + -640 - 640 = -640 -640 OA
7 9212 + -9400 + = + + -188 -188 - = -188 9212 OA
8 + + -370 = + + -370 - 370 = -370 NA
Bal. 10202   + 0 + 2100 = 0 + 7900 + 4402 8372 - 6870 = 1502 1802 NC

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