Create a Journal Entry for the Assets and Liabilities.

$112,500.00 $83,983.00 $(1,152.00) $54,629.00 $1,337.00 $1,782.00 S253,079.00 Assets Current Assets Cash Accounts Receivable Less: Allow. Dbtful Accts Merchandise Inventory Office Supplies Prepaid Insurance Total Current Assets Property and Equipment Land Buildings Less: Accum. Depr Office Equipment Less: Accum. Depr. Vehicles Less: Accum. Depr. Total Property and Equipment Total Assets $70,000.00 $140,000.00 $(28,000.00) $15,570.00 $(11,720.00) $42,100.00 $(16,300.00) $211.650.00 $464.729.00 $30,300.00 $74,500.00 $9.950.00 Liabilities & Owner's Equity Current Liabilities Accounts Payable Note Payable Mortgage Note Payable (current portion) Total Current Liabilities Long-Term Liabilities Mortgage Note Payable Total Liabilities Stockholder's Equity Common Stock Total Liabilities and Owner's Equity $114.750,00 $90.450.00 S205,200.00 $259,529.00 S464.729.00