Prepare a balance sheet for the Mary Cook dental practice, from the items listed below for the
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Question:
Prepare a balance sheet for the Mary Cook dental practice, from the items listed below for the month of November 2016.
Retained earnings, November 1 $15,000
Common Stock $25,000
Accounts payable $8,000
Equipment $25,000
Income from services $31,000
Dividends $8,000
Dental Supply Expenses $4,500
Cash $10,000
Utility Expenses $800
Dental Supplies $3,200
Salary expense $9,000
Accounts receivable $16,000
Rental Expenses $2,500
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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