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Common Stock Equipment Accounts Accounts Payable Balances $ 80,900 8,700 26,900 Service Revenue $2,900 Cash 8,000 Retained Earnings Salaries Expense 39,200 Notes Payable 28,300

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Common Stock Equipment Accounts Accounts Payable Balances $ 80,900 8,700 26,900 Service Revenue $2,900 Cash 8,000 Retained Earnings Salaries Expense 39,200 Notes Payable 28,300 SHALETT INTERIORS Balance Sheet December 31 Assets Equipment $ 80,900 Cash Liabilities Saved Total liabilities $ Stockholders' Equity Total stockholders' equity $ Total assets $ 80,900 Total liabilities and stockholders' equity $

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