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The balances of Ousel Travel Services accounting equation items for the year ended November 30, 2016, are listed below. Shane Ousel, the owner, invested an

The balances of Ousel Travel Services accounting equation items for the year ended November 30, 2016, are listed below. Shane Ousel, the owner, invested an additional $37,200 in the business during the year and withdrew cash of $15,200 for personal use. Shane Ousel, capital as of December 1, 2015, was $390,000.

Accounts
Fees earned $750,000
Office expense 295,100
Miscellaneous expense 10,800
Wages expense 451,400
Accounts payable 43,600
Accounts receivable 75,000
Cash 46,800
Land 321,600
Supplies 4,900

Prepare a balance sheet as of November 30, 2016. Refer to the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading.

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