Determine Total Assets with negative accounts receivable & Owners Capital

Exercise 1-13 Your answer is partially correct. Try again. Sharon Lee is the bookkeeper for Carla Vista Company. Sharon has been trying to determine the correct balance sheet for Carla Vista Company. Carla Vista's balance sheet is shown below. Assets Cash Supplies Equipment Owner's drawings Total assets CARLA VISTA COMPANY Balance Sheet December 31, 2020 Liabilities $19,308 Accounts payable 10,298 Accounts receivable 59,211 Owner's capital 16,734 Total liabilities and owner's equity $105,551 $27,031 (8,367) 86,887 $105,551 Prepare a correct balance sheet. (List Assets in order of liquidity.) CARLA VISTA COMPANY Balance Sheet December 31, 2020 Assets Cash 19308 Accounts Receivable (8367) Supplies 10298 Equipment 59211 T Total Assets 80450 Liabilities and Owner's Equity T Liabilities | Accounts Payable 27031 TOwner's Equity Owner's Capital 86887 Total Liabilities and Owner's Equity | 113918 Click if you would like to Show Work for this question: Open Show Work