Fast Deliveries, Incorporated (FDI), was organized in December last year and had limited activity last...

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Accounting

Fast Deliveries, Incorporated (FDI), was organized in December last year and had limited activity last year. The resulting balance sheet at the beginning of the current year is provided below:
\table[[,Fast Deliveries, Incorporated Balance Sheet at January 1,],[Assets:,,Liabilities:,],[Current Assets,,Current Liabilities,],[Cash,$ 11,600,Accounts Payable,$700
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