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Construct a complete properly formatted balance sheet as of December 31, 2019 for ABC Company, an LLC owned by 1 individual using the following information:

Construct a complete properly formatted balance sheet as of December 31, 2019 for ABC Company, an LLC owned by 1 individual using the following information:

Accumulated Depreciation $11,000

Equipment Loan $18,000

Payroll Taxes Payable $2,200

Accounts Receivable $91,000

Equipment $55,000

Office Furviture $12,500

Cash $6,000

Accounts Payable $33,000

Inventory $100,000

Sales Taxes Payable $5,400

Management Salaries Payable $11,400

Computers $7,500

Equipment Rent Payable $1,900

Short-Term Portion of Equipment Loan $1,800

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