·Balance Sheet Question:

• Requirements:
  • Create a balance sheet with the following account balances:
    • Cash: $30,000
    • Accounts Receivable: $18,000
    • Inventory: $25,000
    • Equipment: $60,000
    • Accumulated Depreciation: $18,000
    • Accounts Payable: $25,000
    • Notes Payable: $15,000
    • Common Stock: $50,000
    • Retained Earnings: $35,000