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Following is a random list showing the account balances of various assets, liabilities, revenues, and expenses for Westdale Garage at December 3 1 , 2
Following is a random list showing the account balances of various assets, liabilities, revenues, and expenses for Westdale Garage at December the end of its first year of operations.
Accounts receivable
$
Accounts payable
Salary expense
Repairs expense
Truck
Equipment
Notes payable
Cash
Supplies expense
Service revenue
Gasoline expense
Salary payable
The owner, Sticky Slop, invested $ at the beginning of the year and withdrew $ during the year for personal use.
The net income or loss for the year was:
Round your answer to the nearest amount. Do not include any dollar signs, commas, decimal places andor spaces in your answer. Your answer should only include digits. For example, if the correct answer is you should enter as your answer. If you enter $ or or or $ your answer will be marked wrong.
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