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Glorian Portrait Studios, Incorporated Balance Sheet May 31, 2007

Glorian Portrait Studios, Incorporated Balance Sheet May 31, 2007. Glorian Portrait Studios, Incorporated Balance Sheet May 31, 2007. Assets. Glorian Portrait Studios, Incorporated Balance Sheet May 31, 2007. Assets Cash $13,500 .

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Glorian Portrait Studios, Incorporated Balance Sheet May 31, 2007

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  1. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007

  2. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 Assets

  3. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 Assets Cash $13,500

  4. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 Assets Cash $13,500 Accounts Receivable 12,000

  5. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 Assets Cash $13,500 Accounts Receivable 12,000 Supplies 6,800 _______

  6. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 Assets Cash $13,500 Accounts Receivable 12,000 Supplies 6,800 _______ Total Assets $32,300

  7. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Accounts Receivable 12,000 Supplies 6,800 _______ Total Assets $32,300

  8. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Supplies 6,800 _______ Total Assets $32,300

  9. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable Supplies 6,800 _______ Total Assets $32,300

  10. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 _______ Total Assets $32,300

  11. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 Total Liabilities $ 6,000 _______ Total Assets $32,300

  12. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 Total Liabilities $ 6,000 Stockholders’ Equity: _______ Total Assets $32,300

  13. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 Total Liabilities $ 6,000 Stockholders’ Equity: Capital Stock _______ Total Assets $32,300

  14. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 Total Liabilities $ 6,000 Stockholders’ Equity: Capital Stock $ 7,500 _______ Total Assets $32,300

  15. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 Total Liabilities $ 6,000 Stockholders’ Equity: Capital Stock $ 7,500 _______ Retained Earnings Total Assets $32,300

  16. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 Total Liabilities $ 6,000 Stockholders’ Equity: Capital Stock $ 7,500 _______ Retained Earnings 18,800 Total Assets $32,300

  17. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 Total Liabilities $ 6,000 Stockholders’ Equity: Capital Stock $ 7,500 _______ Retained Earnings 18,800 Total Stock. Equity $26,300Total Assets $32,300

  18. Glorian Portrait Studios, IncorporatedBalance SheetMay 31, 2007 AssetsLiabilities and Stockholders’ Equity Cash $13,500 Liabilities:Accounts Receivable 12,000 Accounts Payable $ 6,000Supplies 6,800 Total Liabilities $ 6,000 Stockholders’ Equity: Capital Stock $ 7,500 _______ Retained Earnings 18,800 Total Stock. Equity $26,300Total Assets $32,300 Total Liab. And Stock. Equity $32,300

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