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Cash dividends of $ 3 3 , 5 0 0 were paid during the year. Retained earnings as of September 1 , 2 0 Y

Cash dividends of $

33, 500

were paid during the year. Retained earnings as of September

1, 20 Y 5,

were $

238, 000 .

Prepare a balance sheet as of August

31, 20

6 .

When entering assets, enter them in order of liquidity.

-

One Travel Service

Balance Sheet

August

31, 20 Y 6

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