Chapter 9 Homework 3 The bookkeeper for Gibson's Country Music Bar left this incomplete balance sheet. Gibson's working capital is $106,000 and its debt- to-assets ratio is 50 percent. 30 points eBook Print References Required Complete the balance sheet by supplying the missing amounts. Assets Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Long-term assets Building Less: Accumulated depreciation Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Notes payable Income tax payable Total current liabilities Long-term liabilities Mortgage payable Total liabilities Stockholders' equity Common stock Retained earnings $ 26,000 33,000 15,000 (32,000) 211,000 6,000 9,700 37,200 Saved 90,000 Help Save & Exit Check

The bookkeeper for Gibson's Country Music Bar left ths incompicte balance sheot. Gibson's working capital is $106,000 and its debt10-assets ratio is 50 percent Required Complete the balance sheet by supplying the missing amounts