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Charlie Reps owns the Spring Valley Motel. It is the end of the year 20x5 and he has asked you to help him prepare his

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Charlie Reps owns the Spring Valley Motel. It is the end of the year 20x5 and he has asked you to help him prepare his balance sheet. His account balances are as follows Accounts receivable Inventory Notes payable Cash Prepaid insurance Accounts payable Building Wages payable Owner's equity 5.000 Required: 1. Find the missing account balance, using the fundamental accounting equation 2. Prepare Charlie's balance sheet for 20X5, using the form shown in

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