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The following balance sheet was prepared by Labyrinth Services Co. for its year ended August 31, 2013. Labyrinth Services Co. Balance Sheet For the
The following balance sheet was prepared by Labyrinth Services Co. for its year ended August 31, 2013. Labyrinth Services Co. Balance Sheet For the Year Ended August 31, 20Y3 1 Assets 2 Current assets: 3 Cash 4 Accounts payable $ Supplies 6 Prepaid insurance 7 Land B Total current assets $18,500.00 31,900.00 6,500.00 17,200.00 200,800.00 $274,900.00 9 Property, plant, and equipment: 10 Building $420,000.00 11 Equipment 98,000.00 Total.nconartunlant and asuinment, 56.800.00 X
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