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The adjusted trial balance for Carter Bowling Alley at December 31, 2020, contains the following accounts. Debits Buildings APrepare a classified balance sheet; assume that $30,000 of the note payable will be paid in 2021. (List Current Assets in ord

Liabilities and Owners Equity Current Liabilities Accounts Payable 12300 Notes Payable 97780 Interest Payable 3800 Total Cur

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CARTER BOWLING ALLEY Balance sheet December 31, 2020 Assets Current assets: Cash 18040 Accounts receivable 14520 Prepaid insu12300 30000 3800 46100 Liabilities and Owners Equity Current Liabilities: Accounts payable Notes payable Interest payable To

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