Ch 8 Homework Saw 9 Exercise 8-9 (Algo) Budgeted Balance Sheet (LO8-10) 4.48 The management of Mecca Copy, a photocopying center located on University Avenue, has compted the following data to use in preparing its budgeted balance sheet for next year, points eBook Cash Accounts receivable Supplies Inventory Equipment Accumulated depreciation Accounts payable Common stock Retained earnings Ending Balances 2 $ 8,500 $ 4,700 $36.000 $ 14,600 52,200 $ 5,000 ? Hint Print The beginning balance of retained earnings was $32.000, net income is budgeted to be 516,300, and dividends are budgeted to be $2.700. References Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Mecca Copy Budgeted Balance Sheet Assets Required: Prepare the company's budgeted balance sheet. (Amounts to b Mecca Copy Budgeted Balance Sheet Assets Current assets: $ 0 Total current assets Plant and equipment $ 0 Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity 0 0 $