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Randall's Service Company began operations on January 1,2019.The following Trial Balance was prepared on December 31,2019.Capital contributions during the year were $58,000.
What is the December 31,2019 balance of Randall,Capital?
Maturity Value
The amount payable to an investor at the end of a fixed-term investment, including the principal and any interest accrued.
Notes Receivable
Claims against debtors documented by promissory notes, which promise the future inflow of cash.
Aging Schedule
A table or report that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding.
Net Receivables
The total amount of money owed to a company by its customers after accounting for allowances for doubtful accounts.
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