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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The accounts in the ledger of Haleakala Park Co. as of March 31, 2006, are listed in alphabetical order, as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted.
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Accounts Payable                            $ 18,710                              Notes Payable                                  $ 40,000
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Accounts Receivable                      37,500                                 Prepaid Insurance                           3,000
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Capital Stock                                     50,000                                 Rent Expense                                    60,000
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Cash                                                     ?                                             Retained Earnings                           36,640
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Dividends                                           20,000                                 Supplies                                              2,100
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Fees Earned                                       310,000                               Supplies Expense                            7,900
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Insurance Expense                         6,000                                    Unearned Rent                                9,000
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Land                                                     85,000                                 Utilities Expense                              41,500 Miscellaneous Expense                              8,900                                    Wages Expense                                                175,000
Prepare a trial balance, listing the accounts in their proper order and inserting the missing figure for cash
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