A Byte of Accounting Balance Sheet As of December 31, 2020 Assets Current Assets Cash Accounts Receivable Allowance for Doubtful Accounts Net Receivable $ 125,190.00 $ 30,000.00 600.00 Prepaid Rent Office Supplies Total Current Assets Long-Term Assets Office Equipment $ 69,100.00 Accum. Depr.-Office Equipment 6,600.00 Net Office Equipment $ 62,500.00 Computer Equipment $ 21,500.00 Accum. Depr.-Computer Equipment 4,300.00 Net Computer Equipment 17,200.00 Total Long Term Assets Total Assets 29,400.00 2,600.00 900.00 $ 158,090.00 79,700.00 $ 237,790.00