6. Below is a trial balance for a Faal24 pharmacy chain as of December 31, 2021. Please create a balance sheet.

Faal 24 Pharmacy

Trial Balance

As of December 31, 2021

Debit Credit

_____________________________________________________________________________________

Cash and cash equivalents 572,903.49

Accounts receivable 145,770.00

Notes receivable 106,613.00

Inventory 3,918,262.52

Prepaid rent 182,687.89

Prepaid salaries 5,000.00

Motorcycle 21,000

Pharmacy license 2,000,000.00

Other assets 3,450,000.00

PPE 3,500,000.00

Accumulated depreciation 3,220,000.00

Accounts payable 3,296,353.12

Interest payable 1,300,000.00

Salaries payable 195,134.00

Shareholder loan 5,772,580.45

Tax liability 19,843.43

Common equity 236,437.02

Retained Earnings 138,114.12

Af 14,040,378.02 Af 14,040,378.02