More furniture was purchased on account at a cost of $18 000 to be p

More furniture was purchased on account at a cost of $18 000 to be paid within 30 days. Supplies were purchased for $1 000 cash from a restaurant supply center which was going out of business. These supplies would have cost $1 875 if purchased under normal circumstances. a) Prepare a balance sheet at September 30 2014. (You are to compute the missing figure for notes payable.)

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