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Georage's Pizzeria has the following information as of December 31, 2008: Cash 2000 pizza ovens 25000 furniture 12500 accounts payable 3500 notes payable 12500 accumulated
Georage's Pizzeria has the following information as of December 31, 2008: Cash 2000 pizza ovens 25000 furniture 12500 accounts payable 3500 notes payable 12500 accumulated depreciation 10000 wages payable 1500 taxes payable 2500 and equipment loan 18000. Construct a balance sheet for George. Do you thin he has a problem with his current balance sheet? If so, what is it? How specifically would you fix his balance sheet?
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