Special Delivery was started on May 1 with an investment of $45 000 cash. Following are the assets
QUESTION
Special Delivery was started on May 1 with an investment of $45,000 cash. Following are the assets and liabilities of the company on May 31, 2012, and the
revenues and expenses for the month of May, its first month of operations.
Accounts receivable
$6,200
Notes payable
$28,000
ANSWER:
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