Essay
Northwest State University had the following account balances as of June 30,2012.Debits are not distinguished from credits,so assume all accounts have a "normal" balance (i.e.cash is a debit and accounts payable a credit).
Required:
Prepare,in good form,a Statement of Net Assets for Northwest State University as of June 30,2012.
Correct Answer:

Verified
Correct Answer:
Verified
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