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Account Name Cash At December 31 Debits Credits $59,750 Accounts Receivable 3,300 Prepaid Insurance 4,700 Equipment 64,600 Land Accounts Payable Deferred Revenue 23,000 $29,230
Account Name Cash At December 31 Debits Credits $59,750 Accounts Receivable 3,300 Prepaid Insurance 4,700 Equipment 64,600 Land Accounts Payable Deferred Revenue 23,000 $29,230 1,500 Notes Payable (long-term) 74,000 Common Stock 5.000
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Core Concepts of Government and Not For Profit Accounting
Authors: Michael H. Granof, Penelope S. Wardlow
2nd edition
471737925, 978-0-470-4605, 978-0471737926
