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Complete the Balance Sheet (enter Your answers directly in this document. 1. 2. Complete the balance sheet for the business for 2016 and 2017 In

Complete the Balance Sheet (enter Your answers directly in this document. 1. 2. Complete the balance sheet for the business for 2016 and 2017 In which year do you think the balance sheet is better? Explain your answer 2016 2017 Fixed Assets Premises 60,000 74,000 14,000 24,000 Current Assets Stocks Debtors Cash at Bank 2,000 5,000 5,000 3,000 3,000 2,000 Current Liabilities Overdraft Creditors 3,000 3,000 3,000 3,000 Working Capital Net Assets Financed by: Owners Capital Loan 40,000 55,000 40,000 35,000 Capital Em

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