Using the following data for Escape Travel Service as well as the statement of owner’s equity shown.
Using the following data for Escape Travel Service as well as the statement of owner’s equity shown in Practice Exercise 1-5B, prepare a balance sheet as of November 30, 2012.Accounts receivable ……… $ 94,375Accounts payable ………. 52,500Cash …………… 56,750Land …………… 362,500Supplies …………. 6,375View Solution:
Using the following data for Escape Travel Service as well