Prepare a balance sheet using the appropriate accounts

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Question: Wolfpack Construction has the following account balances at the end of the year.

Accounts Balances

Equipment $21,000

Accounts payable 2,000

Salaries expense 28,000

Common stock 10,000

Land 13,000

Notes payable 15,000

Service revenue 34,000

Cash 5,000

Retained earnings ?

Required: Use only the appropriate accounts to prepare a balance sheet.

Reference no: EM131519281

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