Question: Aggie Flying School, Inc. was started on September 1 , 2 0 2 4 with an investment of $ 4 5 , 0 0 0

Aggie Flying School, Inc. was started on September 1,2024 with an investment of $45,000 cash in exchange for common stock. Following are the account balances at the end of the month.
Cash $ 8,000 Notes Payable $30,000
Accounts Receivable 9,400 Rent Expense 1,200
Equipment 64,000 Repair Expense 400
Service Revenue 11,200 Fuel Expense 2,200
Advertising Expense 500 Insurance Expense 400
Common Stock 45,000 Retained Earnings (Sept.1)0
Supplies 1,500 Accounts Payable 3,100
Dividends 1,700
Determine Assets, Liabilities, Net Income and Ending Stockholders Equity at the end of September 2024.

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