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Question - Prepare a balance sheet

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Question - Prepare a balance sheet

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

Accounts Balances

Equipment $20,500

Accounts payable 1,900

Salaries expense 27,500

Common stock 12,000

Land 12,500

Notes payable 14,500

Service revenue 33,500

Cash 4,900

Retained earnings ?

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

Reference no: EM132628383

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