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At September 1, the balance sheet accounts for Stanley's Restaurant were as follows: The following transactions occurred during the next two days: The company issued
At September 1, the balance sheet accounts for Stanley's Restaurant were as follows: The following transactions occurred during the next two days: The company issued additional shares of stock for $22,000 cash in the business. The accounts payable were paid in full. (No payment was made on the notes payable.) Prepare a balance sheet at September 3, 2022. (List Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.)
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