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

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Instructions X 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 $121,800 and the retained earnings were $56,700 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $24,400 in stock. Amount Amount Accounts Accounts Accounts payable Accounts receivable $1,000 $1,950 Miscellaneous expense 10,500 Office expense 1,220 Cash 19,730 Supplies 1,670 Fees earned 70,290 Wages expense 22,670 Land 46,600 Dividends 15,950 Building 155,800 10,500 Accounts receivable Supplies 22,670 19,730 Cash Wages expense 70,290 15,950 Fees earned Dividends 46,600 Land 155,800 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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