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Carol Instruments sells musical instruments On December 31, 2015, after its first month of business, Carol Instruments had the following balances in its accounts. Accounts

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Carol Instruments sells musical instruments On December 31, 2015, after its first month of business, Carol Instruments had the following balances in its accounts. Accounts Receivable $ 5,000 Accounts Payable $ 15,000 Advertising Expense $ 2,000 Building $ 16,500 Cash $ 172,300 Capital Stock $ 50,000 Revenue Notes Payable $ 60,000 Dividends 1,200 $ $ 72,000 Use this data to prepare a trial balance

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