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Cullumber Valley Services Ltd. reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, August 31, 2024: Accounts
Cullumber Valley Services Ltd. reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, August 31, 2024: Accounts payable Accounts receivable Accumulated depreciation-equipment Bank loan payable, due 2027 Cash Common shares Deferred revenue $2,710 18,470 5,910 24,900 11,640 4,900 680 Insurance expense Interest expense Interest payable Prepaid insurance Rent expense Rent payable Retained earnings $1,120 1,450 1,440 3,450 18,720 1,250 5,330
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