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Take me to the text Monster Planes provides sight-seeing tours in vintage biplanes. The company is owned by Frank Bridges. The closing balances at

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Take me to the text Monster Planes provides sight-seeing tours in vintage biplanes. The company is owned by Frank Bridges. The closing balances at the end of November 2021 and the chart of accounts is shown below. Assets Cash Monster Planes Balance Sheet As at November 30, 2021 Liabilities $7,600 Accounts Payable $7,900 Accounts Receivable $5,900 Unearned Revenue $3,100 Prepaid Insurance $1,200 Bank Loan $20,300 Equipment $41,700 Total Liabilities $31,300 Owners' Equity Bridges, Capital $25,100 Total Liabilities & Owners' Total Assets $56,400 $56,400 Equity

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