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answer asap Instructions Instructions The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and

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Instructions Instructions The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $116,700 and the retained earnings were $59,300 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $24,700 in stock. Amount Amount Accounts Accounts Accounts payable $1,020 Miscellaneous expense $1,950 1,200 Office expense 10,430 Accounts receivable Cash 1,670 19,630 Supplies 70,330 Fees earned 22,000 Wages expense Land 45,600 Dividends 15,930 Building 155,500 70, Fees earned Dividends 45,600 Land 155,500 Building Required: Prepare a balance sheet for the current year ended March 31. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries

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