Prepare a balance sheet in good form for the Logitech Trucking Company from the following alphabetical list of the accounts at September 30, 2020:
Logitech Trucking Company
Definitions:
General Revenue Sharing
A form of federal monetary aid that is given to states and municipalities with minimal restrictions on how it can be spent.
Means Testing
A procedure to determine eligibility for certain forms of financial aid or social services based on the income and assets of an applicant.
Indexing
The practice of adjusting financial figures or static amounts by a designated benchmark or index to reflect changes in economic indicators.
Categorical Grants
Federal funds provided to states and localities, earmarked for specific, narrowly defined purposes, usually with conditions attached.
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