Balance sheet accounts for Dale’s Delightful Florist Shoppe at the end of a recent fiscal year are listed below. Prepare a schedule demonstrating that assets =liabilities +owner’s equity for the company.
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$4,150 |
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Buildings |
79,500 |
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Cash |
1,200 |
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Equipment |
12,750 |
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Flowers and Plants |
24,780 |
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Notes Payable |
58,000 |
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Proprietor’s Capital |
64,380 |
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