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Post Attendee - Zoom CengageN Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 2016, follow: Fees earned $900,000
Post Attendee - Zoom CengageN Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 2016, follow: Fees earned $900,000 Office expense 300,000 Miscellaneous expense 15,000 Wages expense 450,000 Accounts payable 18,000 Accounts receivable 38,000 Cash 52,000 Common Stock 100,000 450,000 Supplies 3,000 $10,000 of dividends were paid during the year. Retained earnings as of June 1, 2045, were $300,000 Prepare a balance sheet as of May 31, 2016. When entering assets, enter them in order of liquidity Paradise Travel Service Balance Sheet May 31, 2016
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