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Lynx Company has provided the following account balances for the quarter anded June 30, 2019. Although the accounts are shown with a positive balance, they
Lynx Company has provided the following account balances for the quarter anded June 30, 2019. Although the accounts are shown with a positive balance, they have the normal debitor credit balance that accounts in their account type have (0.g. - assets have a debit balance, liabilities have a credit balance) Accounts Payable 180,000 Accounts Receivable 150,000 Accumulated Depreciation 8,000 Cash 56,000 Como Stock 10,000 Cost of Goods Sold 45,000 Deferred Revenue 10.000 Interest Expense 3.000 Interest Payable 8.000 Long-term Notes Payable 50.000 Prepaid Expenses 25,000 Rent Expense 18.000 Retained Earnings 40,000 Service Revenue 120.000 Vehicles Equipment 75.000 Total current assets on the balance sheet are Total current liabilities on the balance sheet are DELL Revenue Interest Expense 3,000 Interest Payable 8,000 Long-term Notes Payable 50,000 Prepaid Expenses 25,000 Rent Expense 18,000 Retained Earnings 40,000 Service Revenue 120,000 Vehicles & Equipment 75.000 Total current assets on the balance sheet are Total current liabilities on the balance sheet are Total liabilities and stockholders' equity on the balance sheet are Enter your answers in the following format: Sx,xxx Previous
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