Check my work 9 The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted balance sheet for next year. 36 oints Ending Balances $ 10,000 cBook Cash Accounts receivable Supplies inventory Equipment Accumulated depreciation Accounts payable Common stock Retained earnings References $ 43,500 $ 17,600 $ 3.700 $5,000 ? The beginning balance of retained earnings was $36,000, net income is budgeted to be $20,500 and dividends are budgeted to be $3,700 Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) 9 Mecca Copy Budgeted Balance Sheet Assets Current assets: 1.36 points eBook References Total current assets Plant and equipment: Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: Stockholders' equity: Ch 8 HWK i Saved 9 Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: 1.36 points eBook Stockholders' equity: References + Total stockholders' equity Total liabilities and stockholders' equity Mc Graw Hill