Slippery Slope Resort ends its fiscal year on April 30. The resort adjusts its accounts...

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Accounting

Slippery Slope Resort ends its fiscal year on April 30. The resort adjusts its accounts monthly but closes them only at year-end (April 30). The busy season is from December 1 through March 31.
Anita Powder, the resorts chief financial officer, keeps a close watch on Lift Ticket Revenue and Cash. The balances of these accounts at the end of each of the last five months are as follows:

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