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Assume that Gulistan AG has the following accounts at the end of the current year. 1. Share Capital-Ordinary. ,2. Notes Payable Dongterm) 3. Treacury 5

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Assume that Gulistan AG has the following accounts at the end of the current year. 1. Share Capital-Ordinary. ,2. Notes Payable Dongterm) 3. Treacury 5 hares (at cost). 4. Note Payable (short-term). 5. Raw Materials. 6. Long-Term investment in Preference Shares. 7. Unearned Rent Revenue. B. Workin Process. 9) Copyrights. 10. Buidin!s: 11. Notes Receivable (short-term). 12. Gish 13. Salaries and Wages Payable. 14. Accumulated Depreciation-Buildings: 15. Cash Restricted for Plant Expansion. 16. Land Held for Future Plant Site. 17. Allowance for Doubtful Accounts (Accounts Receivable). 18. Retained Earnings. 19. Share Premium-Ordinary. 20. Unearned Service Revenue. 21. Receivables-Officers (due in 1 year). 22. Finished Goods. 23. Accounts Receivable. 24. Bonds Payable (due in 4 years)

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