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4.3 Prepare Wells Technical Institute's balance sheet as of December 31, 2013.
WELLS TECHNICAL INSTITUTE
Balance Sheet
December 31, 2013
Assets
Cash
Accounts receivable
null
Teaching supplies
null
Prepaid insurance
Professional library
null
Accumulated depreciation-Professional library
-null
Equipment
null
Accumulated depreciation-Equipment
-null
Total Assets
Liabilities
Accounts payable
null
Salaries payable
Uneamed training fees
null
Total Liabilities
Equity
T. Wells, Capital
null
Total Liabilities and Equity
D

Top Answer

You required only balance sheet. But I'm providing you the income statement and statement of... View the full answer

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WELLS TECHNICAL INSTITUTE
Income Statement
For the year ended December 31, 2013
Revenues
Tuition fees earned
$ 131,400
Training fees earned
$ 45,000
Total Revenues
$ 176,400
Expenses
Depreciation...

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