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At December31,2020, StanleyHardware Limited has cash of$17,000, receivables of$6,000, and inventory of$47,000. Thecompany's equipment totals$110,000, and other assets amount to $13,000. StanleyHardware owes accounts payable

At December31,2020, StanleyHardware Limited has cash of$17,000, receivables of$6,000,

and inventory of$47,000. Thecompany's equipment totals$110,000, and other assets amount to $13,000. StanleyHardware owes accounts payable of$14,000, short-term notes payable of$5,500, and also haslong-term debt of$78,000. Share capital is$14,900. Prepare StanleyHardware Limited's balance sheet at December31,2020, complete with its appropriate heading.

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Begin by completing the heading, followed by the assets, and then liabilities and shareholders' equity sections. Assets Liabilities Current assets: Current liabilities: Total current liabilities Total current assets Long-term liabilities: Total liabilitiesCurrent assets: Current liabilities: Total current liabilities Total current assets Long-term liabilities: Total liabilities Shareholders' Equity Total shareholders' equity Total assets Total liabilities and shareholders' equity

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