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Shalett Interiors has the following account balances at the end of the year. Use only the appropriate accounts to prepare a balance sheet. Accounts Balances

Shalett Interiors has the following account balances at the end of the year. Use only the appropriate accounts to prepare a balance sheet. Accounts Balances Equipment $78,000 Accounts payable 12,000 Common stock 20,000 Service revenue 62,000 Cash 8,000 Retained earnings ? Salaries expense 38,000 Notes payable 25,000

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