Prepare a balance sheet as of august

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Problem 1: Using the following data for Ousel Travel Service as well as the retained earnings statement shown in 1-4, prepare a balance sheet as of August 31, 2019:

Accounts payable 44,600

Accounts receivable 75,500

Cash 45,400

Land 310,000

Supplies 4,700

Reference no: EM132972930

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