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Heads Up Company was started several years ago by two hockey instructors. The company's combarative balance sheets and income statement follow, along with additional information.

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Heads Up Company was started several years ago by two hockey instructors. The company's combarative balance sheets and income statement follow, along with additional information. a. Bought new hockey equipment for cash, $510 b. Borrowed $1,000 cash from the bank during the year. c. Accounts Payable includes only purchases of services made on credit for operating purposes Because there are no liabwity Heads Up Company was started several years ago by two hockey instructors. The company's combarative balance sheets and income statement follow, along with additional information. a. Bought new hockey equipment for cash, $510 b. Borrowed $1,000 cash from the bank during the year. c. Accounts Payable includes only purchases of services made on credit for operating purposes Because there are no liabwity

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