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ructions e amounts of the assets and liabilities of Joumey Travel Agency at December 31, 2018, the end of the year, and its revenue

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ructions e amounts of the assets and liabilities of Joumey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow. The retained eamings were $615,000 on January 1, 2018, the beginning of the year Ouring the year Midends of $35,000 were pald Accounts payable $73,500 Accounts receivable 288,000 Cash 185,000 Common stock 70,000 Fees earned 875,900 Land 542,000 Miscellaneous expense 6,600 Rent expense 30,000 Qunoline 64DD

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