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A company has the following account balances at the end of the year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service

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A company has the following account balances at the end of the year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Metained earnings Balances $16,500 1,100 23,500 11,000 8,500 10,500 29,500 4,100 2 Required: Use only the appropriate accounts to prepare a balance sheet. Balance Sheet December 31 Assets Liabilities Total liabilities Stockholders' Equity

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