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P1.10A (LO 6) AN Here are incomplete financial statements for Lee Company: LEE COMPANY Balance Sheet February 29, 2024 Assets Liabilities and Owner's Equity Cash

P1.10A (LO 6) AN Here are incomplete financial statements for Lee Company:

LEE COMPANY

Balance Sheet

February 29, 2024

Assets

Liabilities and Owner's

Equity

Cash

Accounts receivable

Land

$ 9,500

Liabilities

5,300

Notes payable $26,000

(a)

(c)

Building and equipment

Accounts payable

Total liabilities

43,800

41,500

Total

assets

M. Lee, Capital

Total

liabilities and

(b)

owner's equity

LEE COMPANY

Income Statement

Year Ended February 29, 2024

Revenues

Service revenue

(d)

$91,300

$95,000

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