Question: Using the data for Escape Travel Service shown in Practice Exercises 1-3 and 1-4, prepare the balance sheet as at December 31, 2015. In exercise
In exercise
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Accounts payable 52,500 Accounts receivable 94.375 Cash Fees earned Land 56.750 942,500 362,500 Miscellaneous expense Office expense Supplies Wages expense 15,875 391,625 6,375 562,500
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