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  • Jun 18, 2017, 04:41 PM
    MUKESH KAPILA
    Accounting Question
    Purchased house-$400,000
    Paid in cash-$30,000
    Loan -$370,000
    Loan paid-$30,000

    Rent received weekely-$400
    Insurance-$1000
    Rates and taxes-$1000
    Repair and maintanance-$1000
    Interest on loan-$15,000

    Make profit and loss account and balance sheet
  • Jun 19, 2017, 05:42 AM
    ma0641
    Sorry, we don't do your homework.

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