ASAP. help me do the question number 2...for my exercise. thank you

PART 2: THEORY QUESTIONS Your friend, Daniell, recently began work as the lead accountant for the Asheville Company, Daniel prepared the following balance sheet for 31 December 2018: Asheville Company Balance Sheet For the Year Ended December 31, 2018 Assets Land Accounts payable Accounts receivable Cash. Daniel Nat capital Total assets $100,000 10,000 12.500 10,000 235,000 $367,500 Liabilities Equipment Wages payable Total liabilities $125.000 2.500 $127,500 Instructions: 1. White a brief explanation to Daniel explaining the errors in the Asheville Company balance sheet 2. Draw a correct presentation for the balance sheet