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The balance sheet account as of July 31, 1995 for XYZ company are :
Capital: (fix lib) 35,630 Office Equipment (ass) 16730 Delivery Truck 15900 Accounts Receivables(ass) 14180 Notes payable(lib 1200 Cash(ass 7820 Accounts Payable 5750 Salaries Payable 2170 Delivery Supplies on hand 1050 Office Supplies on hand 870
Required:
Prepare a balance sheet as of july 31,1995 (Total Assets = 56,550)
Q. Explain Accounts payable? Accounts payable are amounts owed to suppliers meant for goods or services purchased on credit. Accounts payable are usually due in 30 or 60 days a
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There are over 5,000 banks in the United States-more than 10 times the number per person than in other industrialized countries. A recent study suggests that the long-run average c
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how bookkeeping differ from accounting
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