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Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
e10A. The list that follows presents Shah Corporation’s accounts (in alphabetical order) as of March 31, 2014. The list does not include the amount of Accounts Payable.
Â
|
Accounts Payable |
? |
Equipment |
$ Â 7,200 |
|
Accounts Receivable |
$ Â 1,800 |
Land |
3,120 |
|
Building |
20,400 |
Notes Payable |
10,000 |
|
Cash |
5,400 |
Prepaid Insurance |
660 |
|
Common Stock |
12,000 |
Retained Earnings |
6,870 |
Prepare a trial balance with the proper heading (see Exhibit 7) and with the accounts listed in the chart of accounts sequence (see Exhibit 2). Compute the balance of Accounts Payable.
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