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search Question 7 of 10 > View Policies Current Attempt in Progress Prairie Company is owned and operated by Natasha Woods. In alphabetical order
search Question 7 of 10 > View Policies Current Attempt in Progress Prairie Company is owned and operated by Natasha Woods. In alphabetical order below are the financial statement items for Prairie Company. Accounts payable $90,000 N. Woods, capital, October 1, 2024 $36,000 Accounts receivable 77,500 N. Woods, drawings 6,000 Advertising expense 3,600 Rent expense 2,600 Cash 59,300 Service revenue 23,000 PRAIRIE COMPANY Statement of Owner's Equity Month Ended October 31, 2024 N. Woods, Capital, October 1 $36,000 Add: Profit for the month 16,800 52,800 Less: Drawings 6,000 N. Woods, Capital, October 31 $46,800 Using the above data and the information from Prairie's statement of owner's equity, prepare a balance sheet for Prairie Company. PRAIRIE COMPANY Balance Sheet 19C Sunny
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