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Using the following data for sentinel travel service as

Balance sheet

Using the following data for Sentinel Travel Service as well as the retained earnings statement, prepare a balance sheet as of August 31, 2014.

Accounts payable	$ 44,600
Accounts receivable	75,500
Capital stock	116,000
Cash	45,400
Land	310,000
Supplies	4,700

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Accounting Basics: Using the following data for sentinel travel service as

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