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Balance Sheet The following items are available from records of Freescia Corporation at the end of the current year: Accounts payable Accounts receivable Advertising expense

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Balance Sheet The following items are available from records of Freescia Corporation at the end of the current year: Accounts payable Accounts receivable Advertising expense Buildings Capital stock Cash $12,030 23,970 1,740 85,100 26,900 4,640 Notes payable Office equipment Retained earnings, end of year Salary and wage expense Sales revenue $54,000 13,000 33,780 8,260 14,100 Using the data given, prepare a balance sheet for Freescia Corporation at the end of the current year. Freescia Corporation Balance Sheet End of the Year Assets Total assets Liabilities and stockholders' equity

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