The balances of Up-in-the-Air Travel Services accounting equation items for the year ended April 30, 20Y7, are listed below. Jerome Foley, the owner, invested an additional $36,600 in the business during the year and withdrew cash of $16,600 for personal use. Jerome Foley, capital as of May 1, 20Y6, was $390,000.

Fees earned	$746,000
Office expense	295,500
Miscellaneous expense	10,300
Wages expense	450,000
Accounts payable	43,600
Accounts receivable	72,400
Cash	45,600
Land	320,900
Supplies	4,900

Prepare a balance sheet as of April 30, 20Y7. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. When entering assets, enter them in order of liquidity.

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Labels and Amount Descriptions