1 2 3 5 6 1-Giving the following data , draw the balance sheet : - $100,000 lands-:$190,000 equipment - $200,000 buildings - $150,000 account receivable - $ 80,000,account payable - $10,000 retained earnings - $130,000 long term debts - $85,000 intangible assets - $7,000 prepaid expenses - $20,000 annual depreciation OF EQUIPMENTS - 7 A-Define the balance sheet and its importance ? B-Draw the balance sheet in (T form) 1 1 6 2-Giving the following data, $200000 sales revenues -$15000 interest revenues -$15000 advertising expenses -$20000 marketing expenses -$70000 cost of goods sold A-draw the income statement T B-calculate the net income