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  3. \table[[wells technical institute],[balance sheet]

\table[[WELLS TECHNICAL INSTITUTE],[Balance Sheet],[December 31],[Assets],[Accounts receivable,,$,7,500],[Teaching supplies,grad,,,2,800],[Prepaid rent,,,0],[Prepaid insurance,,,9,600],[Cash,,,34,000],[Professional library,$35,000,,],[Accumulated depreciation-Professional library,17,200,,17,800],[Equipment,80,000,,],[Accumulated depreciation-Equipment,28,200,,51,800],[Total assets,,$,123,500],[Liabilities],[Accounts payable,,$,26,000],[Salaries...

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Accounting

\table[[WELLS TECHNICAL INSTITUTE],[Balance Sheet],[December 31],[Assets],[Accounts receivable,,$,7,500],[Teaching supplies,grad,,,2,800],[Prepaid rent,,,0],[Prepaid insurance,,,9,600],[Cash,,,34,000],[Professional library,$35,000,,],[Accumulated depreciation-Professional library,17,200,,17,800],[Equipment,80,000,,],[Accumulated depreciation-Equipment,28,200,,51,800],[Total assets,,$,123,500],[Liabilities],[Accounts payable,,$,26,000],[Salaries payable,,,400],[Unearned revenue,,,7,500],[,,,0,],[,,,33,900,],[Equity],[T. Wells, Capital,,,89,600],[,,,0,],[Total liabilities and equity,,$,123,500]]
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