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E2-11 (Algo) Inferring Investing and Financing Transactions and Preparing a Balance Sheet LO2-4, 2-5 During its first week of operations ending January 7, Fastrack Sports

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E2-11 (Algo) Inferring Investing and Financing Transactions and Preparing a Balance Sheet LO2-4, 2-5 During its first week of operations ending January 7, Fastrack Sports Incorporated completed six transactions with the dollar effects indicated in the following schedule: Required: 2. Prepare a classified balance sheet for FastTrack Sports Incorporated on January 7

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