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