BALANCE SHEET
Debit Credit Cash $ 175 Accounts receivable 420 Inventories 710 Prepaid expenses 30 Buildings and equipment 1,400 Accumulated depreciation $ 250 Land 300 Accounts payable 250 Accrued expenses payable 160 Income taxes payable 50 Unearned fees 90 Long-term debt 1,460 Contributed capital 400 Retained earnings 150 Sales revenue 2,400 Interest ... ................
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