Question
Calculate the total assets, liabilities, equity, & equity Calculate the percentage that each line item contributes to the balance sheet. (i.e. normalize the values by
Assets | Amount | Percent |
Cash | $14,400.00 | |
Inventory | $13,200.00 | |
Supplies | $21,298.00 | |
Prepaid Insurance | $5,300.00 | |
Office Equipment | $26,400.00 | |
Building | $96,048.00 | |
Total Assets | ? calculate ? | |
Liabilities | ||
Accounts Payable | $32,500.00 | |
Notes Payable | $21,800.00 | |
Mortgage Payable | $23,400.00 | |
Total Liabilities | ? calculate ? | |
Owner's Equity | ||
Capital | ? calculate ? | |
Total Liabilities and Owner's Equity | ? calculate ? |
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