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General 3 a Ep Wrap Text Merge & Center $ % . Conditional Format Call Insert Delete Format Formatting as Table Styles H I J

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General 3 a Ep Wrap Text Merge & Center $ % . Conditional Format Call Insert Delete Format Formatting as Table Styles H I J K L M N O P 2. Construct a Balance Sheet using the following information a. Enter the account names & amounts into the correct cells b. Calculate the total assets and total liabilities + owners equity. Gross Fixed Assets = $75,000 Long Term Debt = $105,000 Cash = $10,000 Mortgage = $20,000 Other Assets = $15,000 Accounts Receivable = $50,000 Accounts Payable - $40,000 Inventory = $70,000 Retained Earnings = $15,000 Short Term Notes = $20,000 Accumulated Depreciation - $20,000 Finch Company Balance Sheet Amounts Amounts Assets: Liabilities: Owners Equity: Total Assets (you add assets) Total Liabilities + Owners Equity Iyou add liabilities & equity)

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