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  3. slide 35 required information parker inc has the following cash...

Question: slide 35 required information parker inc has the following cash...

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Slide 3-5

Required Information

Parker Inc. has the following cash balances:

First Bank: $150,000

Second Bank: (10,000)

Third Bank: (25,000)

Fourth Bank: (5,000)

1. Prepare the current assets and current liabilities section of Parker's 2018 balance sheet, assuming Parker reports under U.S. GAAP. (If there is no effect key "None"

Parker's 2018 Balance Sheet (Partial)

Current Assets

________________ ________________

Current Liabilities

________________ _______________________

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