On December 1 , 2 0 2 0 , Lily company add the following account balances.Debits: cash
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Question:
On December Lily company add the following account balances.Debits: cash notes receivable accounts receivable inventory prepaid insurance equipment equaling to Credits: accumulated depreciation equipment accounts payable owners capital total equaling during December the company completed the following transactions: December received cash from customers in payment of accountno discount allowed December purchase merchandise on account from Vance CO terms and n December sold merchandise on account terms and n the cost of the merchandise sold was December paid salaries December paid rent CO in for less discount. December received collections in full, less discounts from customers build on December December received cash from customers in payment of account No discount allowedadjusted data: Depreciation $ per monthinsurance expired $Can you please Prepare a classified balance sheet at December
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