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Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 2018, are listed below. Fees earned $708,830 Office expense 163,030

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Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 2018, are listed below. Fees earned $708,830 Office expense 163,030 Miscellaneous expense 14,175 Wages expense 340,240 Accounts payable Accounts receivable Cash $17,720 49,620 223,080 135,000 227,000 Common stock Land 8,505 Supplies Cash dividends of $26,900 were paid during the year. Retained earnings as of June 1, 2017, were $191,000. Prepare the balance sheet as of May 31, 2018. When entering assets, enter them in order of liquidity. Paradise Travel Service Balance Sheet May 31, 2018 Berat Prepare the balance sheet as of May 31, 2018. When entering assets, enter them in order of liquidity. Paradise Travel Service Balance Sheet May 31, 2018 Assets TT Total assets Labilities Stockholders' Equity OO Total stockholders' equity Total liabilities and stockholders' equity

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