Question: Prepare a balance sheet for Kingstons Pharmacy using todays date. Assets include cash $10 410, medical supplies $84 175, furniture $19 610, equipment $38 420,

Prepare a balance sheet for Kingstons Pharmacy using todays date. Assets include cash $10 410, medical supplies $84 175, furniture $19 610, equipment $38 420, and building $125 000. Liabilities include a bank loan $25 400 and a debt to Chemical Supply Co. of $5 810. The owner is Frank Wallace.

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