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Account Balance $ 21,400 68,200 51,400 149,800 63,400 4,000 4,600 29, see Account Description Accounts payable Accounts receivable Accumulated amortization, patent Accumulated depreciation, equipment Accumulated

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Account Balance $ 21,400 68,200 51,400 149,800 63,400 4,000 4,600 29, see Account Description Accounts payable Accounts receivable Accumulated amortization, patent Accumulated depreciation, equipment Accumulated depreciation, vehicles Advertising payable Allowance for doubtful accounts Cash Common shares, 100,000 shares authorized; 25,000 shares were issued at an average price of $10.60; market price per share on March 31, 2020, was $11.30 Equipment Income tax payable Notes payable" Patent Prepaid rent Retained earnings Unearned revenues Vehicles ? 478,000 56,200 154,000 116,200 56,200 28,600 82,600 "Assume that all accounts have normal balances, **$70,000 of the notes payable will be paid by March 31, 2021. 2 Assignment (5Qs) Save Required: Using the information from the alphabetized post closing trial balance above, prepare a classified balance sheet for Sassy Pharmaceuticals Inc. as at March 31, 2020. (Enter all amounts as positive values. Enter the balance sheet items in the order of liquidity.) SASSY PHARMACEUTICALS INC Balance Sheet March 31, 2020 Assets Current assets $ 0 Total current assets Property, plant and equipment 0 Total property, plant and equipment Intangible assets S 0 Total assets Liabilities Current bites IN Served Intangible assets Total assets $ Liabilities Current liabilities $ 0 Total current liabilities Non Current liabilities Total liabilities 0 Equity Contributed capital D Total equity Total liabilities and equity $ 0 Analysis Component: 1. What percentage of the assets is financed by debt? (Round the final answer to 2 decimal places.) Assol financed by debt % 2. What percentage of the assets is financed by equity? (Round the final answer to 2 decimal places.) Asset financed by equity % ho 3. Not available in Connect

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