04 (25 made) Alec Markowitzs a realtor. She buys and sells properties on her own, and the an agent for buyers and sellers. She organized her business acopo M16, 2014 business received $60.000 cash from Markowitz and is como as in following facts as of March 31, 2014: I a) Markowitz has $5,000 in her personal bank account and $14.000 b) Office supplies on hand at the real estate office total $1,000 c) Markowitz's business spent $25,000 for a ReMas franchise, which entitles her to herself as an agent. ReMax is a national affiliation of independent real estate d) This franchise is a business asset e) The business owes $60.000 on a note payable for some undeveloped land acquired for price of $110,000 f) Markowitz owes $100,000 on a personal mortgage on her personal residence, which she wed in 2005 for a total price of $350,000 2) Markowitz owes $1,800 on a personal charge account with Holt Renfrew h) Markowitz acquired business furniture for $10,000 on March 25. Of this amount, the business owes $6,000 on accounts payable at March 31. Requirements 1. Prepare the balance sheet of the real estate business of Alexa Markowitz Realtor Inc, ut March 31. 2014 India