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Flowers R Us Balance Sheet Assets Current Assets: Liabilities and Owner's Equity Current Liabilities: Accounts Cash $15,600 $12,400 payable Notes payable Inventory $2,000 $3,000
Flowers R Us Balance Sheet Assets Current Assets: Liabilities and Owner's Equity Current Liabilities: Accounts Cash $15,600 $12,400 payable Notes payable Inventory $2,000 $3,000 within 1 year Accounts $3,400 receivable Total $???? current assets Noncurrent Assets: Total current $15,400 liabilities Noncurrent Liabilities: Notes payable $15,600 Land $70,000 Real estate debt $60,000 Total long- Building $55,000 term liabilities $75,600 Total Equipment $65,000 $91,000 liabilities Total noncurrent assets Total Assets $190,000 $211,000 Owner's equity: Contributed $55,000 capital Retained Earnings $65,000 Total owner's $???? equity Total liabilities and $???? owner's equity
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