From the accounting equation of G Cooranbong in figure 3.19, you are required to prepare the balance sheet as at 31 March 2022.

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Assets [debit] Bank Accounts Receivable Inventory Office Equipment Computers LA $ 11 14 800 2500 dr Accounts Payable 1800 dr Bank Loan 1000 dr 3500 dr 6 000 dr Liabilities [credit] = $ 900 cr 5 000 cr 5 900 + Owner's Equity [credit] + [Revenue [cr] - Expense [dr]) Capital Sales Cost of Sales Expenses Profit [10 000 - 8 100] LA $ 7 000 1 900 8 900 $ cr +10 000 cr - 5500 dr - 2600 dr - 8 100 dr