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Prepare the balance sheet for Shell Investments. Cash Buildings Equipment Total assets Assets $ + SHELL INVESTMENTS Balance Sheet December 31, 2024 4,500 Accounts payable
Prepare the balance sheet for Shell Investments. Cash Buildings Equipment Total assets Assets $ + SHELL INVESTMENTS Balance Sheet December 31, 2024 4,500 Accounts payable 140,000 Notes payable 22,000 $ 166,500 Total liabilities Retained earnings Liabilities $ 5,400 25,000 30,400 0 $ 30,400
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