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Construct a balance sheet for Sophie's Sofas given the following data. (Be sure to list the assets and liabilities in order of their liquidity.) Cash

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Construct a balance sheet for Sophie's Sofas given the following data. (Be sure to list the assets and liabilities in order of their liquidity.) Cash balances Inventory of sofas 210,000 Store and property110,000 Accounts receivable 23,000 Accounts payable Long-term debt $11,000 $ 18,000 S 180,000 BALANCE SHEET OF SOPHIE'S SOFAS Assets Liabilities & Shareholders' Equity (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Click to selea) Cilick to select) Total assets Total liabilities &shareholders' equity eBook & Resources eBook: The Balance Sheet Check my work

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