·Balance Sheet Question: - Requirements:

• Create a balance sheet with the following account balances:
  • Cash: $100,000
  • Accounts Receivable: $70,000
  • Inventory: $120,000
  • Equipment: $250,000
  • Accumulated Depreciation: $100,000
  • Accounts Payable: $130,000
  • Notes Payable: $120,000
  • Common Stock: $240,000
  • Retained Earnings: $220,000 -