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4. Construct a complete, properly formatted balance sheet as of December 31 2019, for XYZ Company, a corporation, using the following information: $22,400 Accumulated depreciation
4. Construct a complete, properly formatted balance sheet as of December 31 2019, for XYZ Company, a corporation, using the following information: $22,400 Accumulated depreciation $10,000 Equipment loan payable $1,300 Payroll taxes payable $52,000 Accounts receivable $75,700 Building $5,400 Cash $13,200 Accounts payable $11,800 Equipment $86,400 Inventory $48,000 Mortgage payable $4,800 Management salaries payable Common stock $50,000 $8,300 Short-term portion of long-term debt
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