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Cullen Beatty plans to start a consulting business-Cullen Consulting Services, In preparation to do this, on April 1, 2019, he invested $47.000 in cash and

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Cullen Beatty plans to start a consulting business-Cullen Consulting Services, In preparation to do this, on April 1, 2019, he invested $47.000 in cash and $16,000 in equipment, and opened an account at Office Plus by purchasing $1,200 in office supplies which is due by the end of the month. He then signed a one year lease agreement on an office building for $5,400, paying the full amount in advance. Prepare a Balance Sheet for Cullen Consulting Services as of April 1, 2019, before he conducts any services. CULLEN CONSULTING SERVICES Balance Sheet April 1, 2019 Liabilities Assets Owner's Equity Total Assets Total Liabilities and Owner's Equity

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