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Correct an incorrectly prepared E1-13 Mary Close is the bookkeeper for Mendez Company. Mary has been trying to get the balance sheet. balance sheet of

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Correct an incorrectly prepared E1-13 Mary Close is the bookkeeper for Mendez Company. Mary has been trying to get the balance sheet. balance sheet of Mendez Company to balance. Mendez's balance sheet is shown below. (SO 8) MENDEZ COMPANY Balance Sheet December 31, 2010 Assets Liabilities Cash $15,000 Accounts payable $20,000 Supplies 8,000 Accounts receivable (8,500) Equipment 46,000 Mendez, Capital 67,500 Mendez, Drawing 10,000 Total liabilities and Total assets $79.000 owner's equity $79,000 Instructions Prepare a correct balance sheet

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