Beauty Bancroft short sells 500 shares of Rockdale Manufacturing at $25 per share. The initial margin requirement

Question:

Beauty Bancroft short sells 500 shares of Rockdale Manufacturing at $25 per share. The initial margin requirement is 50%. Prepare Beauty's as of the time of the transaction. Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...