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L'Avenir de Foot LLC conducts in-residence training for youth soccer players. As of the start of the current month, April. the LLC's balance sheet was
L'Avenir de Foot LLC conducts in-residence training for youth soccer players. As of the start of the current month, April. the LLC's balance sheet was as follows: Assets Cash $12,000 Accounts Receivable $18,000 Property $31,000 Liabilities Accounts Payable $14,000 Business Loan Payable $6,000 Owner's Equity $41,000 Question 8 10 pts Outfits its stadium with a new scoreboard at a cost of $6,000, which will be paid after the close of the current month. The scoreboard is expected to have a 10-year useful life. In transaction 8. Property, Plant, Equipment an [Select] Loan Payable [Select] by $6,000. Cash Owner's Equity Accounts Payable account will be
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