Question: Using the following data for Ousel Travel Service as well as the statement of stockholders equity from Exercise 5, prepare a balance sheet as of

Using the following data for Ousel Travel Service as well as the statement of stockholders’ equity from Exercise 5, prepare a balance sheet as of November 30, 20Y8: Accounts payable Accounts receivable Cash Common stock Land Supplies $ 62,500 186,000

Accounts payable Accounts receivable Cash Common stock Land Supplies $ 62,500 186,000 308,000 150,000 480,000 16,500

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