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Create a balance sheet on WORD document 1-3B - Basic Financial Statements John's Jungle Gyms is an indoor play area for children. Parents bring their
Create a balance sheet on WORD document
1-3B - Basic Financial Statements John's Jungle Gyms is an indoor play area for children. Parents bring their toddlers to play on germ-covered slides, ladders, ball pits, monkey bars and other pieces of equipment. The following account balances relate to the company's October 31, 2017 month end financial statements: Retained earnings (Oct. 1, 2017) Cash Accounts payable Wages payable Repair expense Accounts receivable Dividends Depreciation expense $118,090 14,000 5,000 2,000 1,500 500 200 2,600 Admission revenue Mortgage Buildings, net Wages expense Insurance expense Common shares (Oct. 1, 2017) Equipment, net Utilities expense $25,000 178,000 225,000 6,000 3,000 10 75,000 300 There were no common shares issued or repurchased during the month. Question : Create a balance sheet on word documentStep by Step Solution
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