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Balance Sheet The account balances of Sentinel Travel Service for the year ended August 31, 2019, are listed below. Fees earned $952,265 Office expense 219,020
Balance Sheet The account balances of Sentinel Travel Service for the year ended August 31, 2019, are listed below. Fees earned $952,265 Office expense 219,020 Miscellaneous expense 19,045 Wages expense 457,085 Accounts receivable 66,660 Accounts payable 23,805 Cash 175,735 Land 305,000 Supplies 11,425 Barb Schroeder, the owner, invested an additional $57,100 in the business during the year and withdrew cash of $36,200 for personal use. Barb Schroeder, capital as of September 1, 2018, was $257,000. Prepare a report form balance sheet as of August 31, 2019. When entering assets, enter them in order of liquidity. Sentinel Travel Service Balance Sheet August 31, 2019 Assets
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