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Consider the following account balances of the Thayer Auditing Firm at the end of the year: Supplies Expense $4,400 Salaries Expense $12,800 Cash $1,700 Common

Consider the following account balances of the Thayer Auditing Firm at the end of the year:

Supplies Expense $4,400 Salaries Expense $12,800
Cash $1,700 Common Stock $2,400
Service Revenue $8,300 Supplies $4,300
Retained Earnings $1,100 Deferred Revenue $5,000

How many of these accounts would appear in Thayer's year-end balance sheet?

Three.

Four.

Five.

Six.

explain why too, Thanks.

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