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Prepare trial balance And BALANCE SHEET for a mowing business with the following transactions : Assets Cash: 12745 Accounts receivable: 4590 Inventory: 270 Mowing equipment:
Prepare trial balance And BALANCE SHEET for a mowing business with the following transactions :
- Assets
- Cash: 12745
- Accounts receivable: 4590
- Inventory: 270
- Mowing equipment: 28950
- Liabilities
- Accounts payable: 10980
- Bank overdraft: 1200
- Equity
- Owner capital: 25300
- Owner drawing: 1800
- Revenue
- Mowing revenue: 12375
- Expenses
- Mulch: 650
- Advertising: 850
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
