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Balance Sheet Balance Sheet Instructions: Organize al Information isted below in the proper order on the Balance Sheet, be sure to calculate total current assets,
Balance Sheet Balance Sheet Instructions: Organize al Information isted below in the proper order on the Balance Sheet, be sure to calculate total current assets, total long-term fixed assets, total current abilities, total long-term liabilities, total owners' equity, total assets and total liabilities & owners' equity Assets Current Assets Liabilities Current Liabilities Total Current Assets Long-Term Fixed Assets Total Current Liabilities Long-Term Liabilities Notes Payable $175,000 Furniture and foxtures $50,000 Depreciation $10,000 Supplies $80.000 Accrued wages payable $75,000 Common Stock 100.000 Prepaid Expenses. $15,000 Land $500,000 Inventory $ 500,000 Buildings $700,000 Depreciation $70,000 Accounts payable $475,000 Notes Payable $500,000 Accounts receivable $250,000 Vehicles $200,000 Depreciation $80,000 Accrued taxes payable $20,000 Accrued interest payable $ 25,000 Mortgage $900.000 Equipment $250,000 Depreciation $12,500 Prime Owner, pain in capital. $197.500 Cash $75,000 Total Long-Term Liabilities Owners' Equity Total Fixed Assets Total Owners Equity Total Assets Total Liabilities & Owners Equity
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