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please correct my work The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, Thompson invested an additional
please correct my work
The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, Thompson invested an additional $25,000 in the business during the year. $1,030 Accounts payable $2,000 Miscellaneous expense Accounts receivable 10,340 Office Expense 1,240 Cash 21,420 Supplies 1,670 Fees earned 73,450 Wages expense 23,550 Land 47,000 Drawing 16,570 Building 157,630 Prepare an income statement for the current year ended March 31. Thompson Computer Services Income Statement For the Year Ended March 31 Cash 21,420 Expenses: Building 157,630 Office expense 1,240 Land 47,000 Total expenses 205,870 Net loss 205,870 Step by Step Solution
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