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Balance Sheet Question: - Requirements: Create a balance sheet with the following account balances: Cash: $60,000 Accounts Receivable: $45,000 Inventory: $70,000 Equipment: $150,000 Accumulated Depreciation:

ยทBalance Sheet Question: - Requirements:

  • Create a balance sheet with the following account balances:
    • Cash: $60,000
    • Accounts Receivable: $45,000
    • Inventory: $70,000
    • Equipment: $150,000
    • Accumulated Depreciation: $55,000
    • Accounts Payable: $75,000
    • Notes Payable: $70,000
    • Common Stock: $120,000
    • Retained Earnings: $100,000 -

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