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The assets and liabilities of Thompson Computer Services at March 31, the end of the current...

The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The capital of the owner was $186,800 at April 1, the beginning of the current year. Mr. Thompson invested an additional $15,900 in the business during the year.

Accounts payable $1,200 Miscellaneous expense $580
Accounts receivable 8,970 Office expense 470
Cash 34,990 Supplies 1,670
Fees earned 70,870 Wages expense 32,590
Land 45,700 Drawing 4,200
Building 145,600

Prepare a balance sheet for Thompson Computer Services for the current year ended March 31.

Thompson Computer Services
Balance Sheet
March 31
Assets
$
Total assets $
Liabilities
$
Owner's Equity
Total liabilities and owner's equity $
0 0
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Balance sheet for Thompson Computer Services for the current year ended March 31 Assets Amount $ Amount $ Current Assets :- C

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