Prepare a balance sheet as of november 30

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Reference no: EM131207922

Using the following data for Ousel Travel Service as well as the retained earnings statement shown in Practice Exercise, prepare a balance sheet as of November 30, 2016:

•Accounts payable $ 62,500
•Accounts receivable 186,000
•Cash 308,000
•Land 480,000
•Supplies 16,500

Reference no: EM131207922

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