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12:42 Balance Sheet Income Statement You learned about Balance Sheets this week. Fill in the missing items below. Enter the answers in blue shaded cells

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12:42 Balance Sheet Income Statement You learned about Balance Sheets this week. Fill in the missing items below. Enter the answers in blue shaded cells ASSETS LIABILITIES Cash $10,000 Accounts payable $12,000 Accounts receivable 100,000 Notes payable 50.000 Inventory Total current liabilities Total current assets $220,000 Long-term debt Gross PP&E 500,000 Total Liabilities $190,000 Less accumulated depreciation Net PP&E $375,000 EQUITY Total Assets Common stock ($1 par; 100,000 shares Paid-in capital Retained earnings 150.000 Total stockholders' equity Total Liabilities and Equity Reminder. A=L+E AA myclassroom.apus.edu C

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