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finance The prepared the following balance sheet: Liabilities Cash $ 12,000 Accounts Receivable Acts Payable 5 22.000 Equipment Revue $123.000 Goodwill Salaries Payable $ 4,000

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finance

The prepared the following balance sheet: Liabilities Cash $ 12,000 Accounts Receivable Acts Payable 5 22.000 Equipment Revue $123.000 Goodwill Salaries Payable $ 4,000 Inventory Investments $ 10,000 Notes Payable Interest Earned $ 1.000 Cost of Goods Sold Common Stock $ 5.000 $5,000 Supplies $ 33.500 $ 67,000 S 88.000 $ 29,000 $ 20,000 ($ 62.000) S 1.500 $177.000 Total Assets $177,000 Total Liabilities repare a corrected balance sheet in the proper format (7.5 MARKS)

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