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Cash $90,000 On December 31, 2019, Clean and White Linen Supplies Ltd. had the following account balances: Accumulated Depreciation, Equipment $90,000 Accounts Receivable 96,000
Cash $90,000 On December 31, 2019, Clean and White Linen Supplies Ltd. had the following account balances: Accumulated Depreciation, Equipment $90,000 Accounts Receivable 96,000 Accounts Payable 60,000 Inventory 60,000 Wages Payable 8,000 Supplies 2,000 Bank Loan Payable 150,000 Long-Term Investment Equipment 80,000 Common Shares 250,000 330,000 Retained Earnings 100,000
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