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Ace Cleaning Services had the following balance sheet as of the close of business on Friday March 2 . On Saturday, Ace's bank deposited the
Ace Cleaning Services had the following balance sheet as of the close of business on Friday March
On Saturday, Ace's bank deposited the proceeds of a $ loan for the purchase of a new
powerwashing system in Ace's checking account. On Sunday, the vendor delivered the new
powerwashing system and Ace paid the Vendor with a $ check that covered the full cost of the
system. Prepare Ace's balance sheet Saturday March and Sunday March You can assume the only
transactions Ace conducted that weekend were related to the purchase of the powerwashing system.
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