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Balance Sheet Question: Requirements: Create a balance sheet with the following account balances: Cash: $28,000 Accounts Receivable: $22,000 Inventory: $20,000 Equipment: $60,000 Accumulated Depreciation: $12,000
- Requirements: Create a balance sheet with the following account balances:
- Cash: $28,000
- Accounts Receivable: $22,000
- Inventory: $20,000
- Equipment: $60,000
- Accumulated Depreciation: $12,000
- Accounts Payable: $15,000
- Notes Payable: $10,000
- Common Stock: $45,000
- Retained Earnings: $35,000
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