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Prepare a December 31 balance sheet for Cane Property Management using the following accounts and amounts: Accounts payable 3,500 Accounts receivable 5,000 M. Bruno, Capital
Prepare a December 31 balance sheet for Cane Property Management using the following accounts and amounts: Accounts payable 3,500 Accounts receivable 5,000 M. Bruno, Capital 100,000 Office equipment 10,000 Advertising expense 3,200 Cash 7,500 Land 35,000 Note payable 50,000 Office supplies 1,500 Salaries expense 12,000 Salaries payable 1,000 Building 100,000 Revenue 19,700
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