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The medical practice of Dr. W. Jarratt and Dr. M. Bramstrup had the following general ledger account balances at April 30, 2021, its fiscal year
The medical practice of Dr. W. Jarratt and Dr. M. Bramstrup had the following general ledger account balances at April 30, 2021, its fiscal year end: Accounts payable $25,700 M. Bramstrup, drawings $122,000 Accumulated depreciation-equipment 15,600 Operating expenses 141,200 Cash 36,400 Service revenue 377,000 Equipment 76,900 W. Jarratt, capital 35,100 M. Bramstrup, capital 50, 100 W. Jarratt, drawings 127,000 Calculate the profit or loss for the year. $ e Textbook and Media DRS. JARRATT AND BRAMSTRUP Statement of Partners' Equity V W. Jarratt M. Bramstrup Total $ $ $ $ $ $ DRS. JARRATT AND BRAMSTRUP Balance Sheet Assets $ $ $ Liabilities and Partners' Equity $ $
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