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Scenario 6 L'Avenir de Foot LLC conducts in-residence training for youth soccer players. As of the start of the current month, April, the LLC's balance
Scenario 6 L'Avenir de Foot LLC conducts in-residence training for youth soccer players. As of the start of the current month, April, the LLC's balance sheet was as follows: Assets Cash $12,000 Accounts Receivable $18,000 Property $31,000 Liabilities Accounts Payable $14,000 Business Loan Payable $6,000 Owner's Equity $41,000 D Question 1 10 pts A new coach is hired. She will start work on May 15. In April, the LLC pays her an up-front signing bonus of $3,000. [Select] Cash Expenses Cash Accounts Receivable Accounts Payable will be reduced by -3,000 and will increase by 3,000
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