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Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 2016, follow: Fees earned $900,000 Office expense 300,000 Miscellaneous expense

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Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 2016, follow: Fees earned $900,000 Office expense 300,000 Miscellaneous expense 15,000 450,000 Wages expense Accounts payable 18,000 Accounts receivable 38,000 Cash Common Stock 52,000 100,000 450,000 Land Supplies 3,000 $10,000 of dividends were paid during the year. Retained earnings as of June 1, 2045, were $300,000 Prepare a balance sheet as of May 31, 2016. When entering assets, enter them in order of liquidity. Paradise Travel Service Balance Sheet May 31, 2016 Assets Signpo 0-2.jpg Screen Shot Screen Shot Screen Shot 2020-0...3.40 PM 2020-0...2.37 PM 2020-0...5.10 AM

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