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Unformatted text preview: Retained earings, November 30, 2008 $242,200 ALOHA TRAVEL SERVICE Balance Sheet For the Year Ended November 30, 2008 Assets Cash $212,200 Supplies $13,400 Accounts payable $48,800 Total assets $274,400 Liabilites Accounts recieveable $125,400 Stockholders' equity Capital stock $60,000 Retained earnings $242,200 Total stockholders' equity $302,200 Total lilabilites and stockholders' equity $427,600...
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