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The following is a partial trial balance for Captain Jack Boat Tours Limited for the...

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Accounting

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The following is a partial trial balance for Captain Jack Boat Tours Limited for the year ended September 30, 2021, it's first year of operations. Cash 37,350 13,450 Accounts Receivable Prepaid insurance Supplies 2,000 4,200 Boat 120,000 Accumulated depreciation - boat 18,000 Equipment 12,000 Accumulated depreciation - equipment 3,600 Accounts Payable 7,990 Interest payable 825 Income taxes payable 8,235 Note payable 75,550 Share Capital 5,000 Additional information: - The net income for the year ended September 30, 2021 was $79,800 - The company paid dividends of $10,000 during the year. - the note payable will be repaid in 5 years. Required: Prepare the balance sheet for Captain Jack Boat Tours Limited at September 30, TIL

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