Accounting
27th Edition
ISBN: 9781337272094
Author: WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher: Cengage Learning,
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Chapter 1, Problem 1.6BPE
Using the following data for Sentinel Travel Service as well as the statement of owner's equity shown in Practice Exercise 1–5B, prepare a report form balance sheet as of August 31, 2019:
| Accounts payable | $44,600 |
| Accounts receivable | 75,000 |
| Cash | 45,000 |
| Land | 310,000 |
| supplies | 4,700 |
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Chapter 1 Solutions
Accounting
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