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6. Prepare a balance sheet from the following information: (5 pts) Cash $30,000 Accounts Receivable 63,800 Accounts Payable 52,500 Short term notes payable 11,000

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6. Prepare a balance sheet from the following information: (5 pts) Cash $30,000 Accounts Receivable 63,800 Accounts Payable 52,500 Short term notes payable 11,000 Inventories Gross fixed assets 66,000 1,061,000 Accumulated depreciation $6,000 Long term debt 210,000 Common stock 480,000 Other assets Retained earnings 25,000

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