Question

Prepare S. Fraser Statement of Financial Position as at June 30, 2019
Premises $80,000
Furniture $75,000
Capital?
Stock $50,000
Accounts payable $45,000
Loan $35,000
Cash $30,000
Accounts receivables $20,000
During the month the following occurred
i. Stock sold for $15,000
ii. Receive a cheque $15,000 from a customer
iii. We paid loan of $20,000 cheque

Answer 1

Answer:

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