·Balance Sheet Question: - Requirements:

• Create a balance sheet with the following account balances:
  • Cash: $70,000
  • Accounts Receivable: $50,000
  • Inventory: $80,000
  • Equipment: $170,000
  • Accumulated Depreciation: $75,000
  • Accounts Payable: $90,000
  • Notes Payable: $85,000
  • Common Stock: $160,000
  • Retained Earnings: $140,000 -