7 Part 3 of 4 Required information Business Sim Corp. (BSC) issued 1,500 common shares to Kelly in exchange for $21,000. BSC borrowed $42,000 from the bank, promising to repay it in two years. BSC paid $47,000 for computer equipment with check number 101 and signed a note for $6,000 due in six months. BSC received $1,050 of supplies purchased on account. BSC's loan contains a clause ("covenant") that requires BSC to maintain a ratio of current assets to current liabilities of at least 2.2. 2.77 points 8 02:00:09 Assuming BSC entered into no other activities during its first year ended September 30, prepare the company's classified balance sheet. Include a balance of zero in Retained Earnings. BUSINESS SIM CORP. Balance Sheet eBook Hint Print 0 0 Reference 0 0 $ 0 $ 0