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Font Z Paragraph ARE 110 AGRIBUSINESS ACCOUNTING-SUMMER 2022 ASSIGNMENT 1 The balance sheet items for Al's Pizza Shop (arranged in alphabetical order) were as

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Font Z Paragraph ARE 110 AGRIBUSINESS ACCOUNTING-SUMMER 2022 ASSIGNMENT 1 The balance sheet items for Al's Pizza Shop (arranged in alphabetical order) were as follows at August 01, 2022. Note: The value for Retained Earnings is missing. Building $ 210,000 Accounts Receivable $ 9,000 Accounts Payable $ 18,000 Cash $ 29,000 Capital Stock $ 190,000 Supplies Notes Payable Equipment and Fixtures Salaries Payable Land $ 8,400 $ 78,000 $ 20,000 $ 5,000 $ 160,000 a. Prepare a balance sheet at August 1, 2022. Include a proper heading and organize your balance sheet following the GAAPS format. (Hint: Fill the missing cells (green boxes) in the balance sheet with the balance sheet items above and calculate the retained earnings) Assets Cash $29,000 Accounts Receivable $9,000 AL'S PIZZA SHOP Balance Sheet 1st August 2018 Liabilities: Note payable Accounts Payable $ 78,000 $23,000 Inventory $8,400 Property, Plant, Equipment Depreciation $390,000 Total liabilities $ 101,000 Owners' equity: Preferred Stock $190,000 Retained Earnings $145,400 Total owners' equity $335,400 Total Assets $436,400 Total Liabilities & Owners' equity $436,400 S

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