Q4: The balance sheet items of the organic Malt Shop, were as follows at the close of business on
September 30, 2001: (20 Marks)
Accounts Payable
Accounts Receivable
Building
Cash
Furniture and Fixtures
S
?
1,250
45,500
7,400
20,000
Land
Kay Martin, Capital
Notes Payable
Supplies
$
55,000
54,090
70,000
3,440
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