Clear Water Co. reports the following balance sheet accounts as of December 31.

Buildings $ 57,500, Accounts receivable 3,300, Land 24,000, Merchandise inventory 9,600, Accounts payable 6,300, Cash 10,600, Notes payable (due in 7 years) 56,000 , Office supplies 3,600, Common stock 23,000, Retained earnings 19,000, Wages payable 4,300.

Clear Water Co.

Balance Sheet

December 31

Assets

Current assets

Total current assets

Plant assets

Total plant assets

Total assets

Liabilities

Current liabilities

Total current liabilities

Long-term liabilities

Total liabilities

Equity

Total equity

Total liabilities and equity

Clear Water Co.
Balance Sheet
December 31
Assets
Current assets
Total current assets
Plant assets
Total plant assets
Total assets
Liabilities
Current liabilities
Total current liabilities
Long-term liabilities
Total liabilities
Equity
Total equity
Total liabilities and equity