Exercise $3.$

George Albrecht, the Owner of Travis and Company located in Moncton, New Brunswick., gave the following list of assets and liabilities to a pt accountant and asked him to prepare a balance sheet as of March $31,20-$ Prepare the balance sheet as if you were the public accountant.

$\backslash$table$[[$Amounts owed to Travis and Company:,$],[$G$.$ Fordham,$1,042\mathrm{.}16$