Exercise 8-9 Budgeted Balance Sheet [LO8-10] The management of Mecca Copy photocopying center located on University Avenue use in preparing i budgeted balance sheet for next ie to Accounts receivable Supplies inventory Equipment 14,800 $ Po n Accumulated depreciation Accounts payable Common stock Recained earnings $5.000 The beginning balance of retained earnings was $33.000, net income is budgeted to be $17.500, and dividends are budgeted to be $3,300. Prepare the company's budgeted balance sheet. (Amounts to be deducted should be Indicated by a minus sign.) Current T ourent Punt and equipment Equity