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Assets Amount (USD) Liabilities and Equity Amount (USD) Cash $70,000 Accounts Payable $10,000 Marketable Securities $20,000 Accrued Expenses $5,000 Inventory $40,000 Mortgage Payable $50,000 Property
Assets | Amount (USD) | Liabilities and Equity | Amount (USD) |
Cash | $70,000 | Accounts Payable | $10,000 |
Marketable Securities | $20,000 | Accrued Expenses | $5,000 |
Inventory | $40,000 | Mortgage Payable | $50,000 |
Property | $150,000 | Shareholders' Equity | $175,000 |
Compute the total assets and total liabilities & equity as per the provided balance sheet.
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