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Prepare a financial statement from alphabetic listing of accounts:
A number of accounts balances are listed below these accounts relate to Keenal Real Estate. During the year just ended. Keenel invested additional of 7500 in the business
Accounts payable          12250
Accounts Receiveable              21900
Advertising expense                           10500
Building                  45000
Cash               3620
Entertainment Expense                      16400
Equipment                               21700
Interest Expense              3700
Land                      12000
Misc Expance                    2460
Mortgage Payable              39500
Notes Payable                    21300
Office supplies on hand           1720
Real Estate commission earned       143750
Salalries payable              1730
Travel Expense                              15900
Withdrawls               14860
keenan Capital Dec 31 1995      xxxxx
Keenan Capital Jan 1 1995              11050

Required:
Prepare the three principal financial statements from the data of the year ended Dec 31, 1995.

(Total Assets will be = 105940)

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9528991

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