Boulton's Toy Emporium Balance Sheet April 30, 2015 Assets Current Assets Bank 73,047.34 Accounts Receivable 43,870.48 Supplies 21,678.40 HST Recoverable 7,538.00 nventory 55,570.69 Total Current Assets 201,704.91 Fixed Assets Office Furniture 72,744.00 Acc. Amort. - Furniture 19,243.80 Office Equipment 148,124.00 Acc. Amort. - Equipment 55,717.29 Delivery Truck 38,300.00 Acc. Amort. - Truck 12,318.06 Total Fixed Assets 346,447.15 Total Assets 548,152.06 Liabilities and Owner's Equity Current Liabilities Accounts Payable 37,100.30 HST Payable 23,143.20 Total Current Liabilities 60,243.50 Long-Term Liabilities Loan Payable 6,880.00 Mortgage Payable 124,960.00 Total Long-Term Liabilities 151,840.00 . Boulton, Capital Equity, Beginning of the Period 56,100.00 Add Net Income 16,782.31 Deduct Drawings 2,359.80 Increase in Capital 14,422.51 Equity, End of the Period 70,522.51 Total Liabilities and Owner's Equity 282,606.01