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Ace Cleaning Services had the following balance sheet as of the close of business on Friday March 2 . On Saturday, Ace's bank deposited the

Ace Cleaning Services had the following balance sheet as of the close of business on Friday March 2.
On Saturday, Ace's bank deposited the proceeds of a $15,000 loan for the purchase of a new
powerwashing system in Ace's checking account. On Sunday, the vendor delivered the new
powerwashing system and Ace paid the Vendor with a $17,500 check that covered the full cost of the
system. Prepare Ace's balance sheet Saturday March 3 and Sunday March 4. You can assume the only
transactions Ace conducted that weekend were related to the purchase of the powerwashing system.
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