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Given Data GOODBYE GRASS CORPORATION Balance Sheet At April 30, 2020 Assets Liabilities Current Assets Current Liabilities Cash $3,800 Accounts Payable $400 Note Receivable 1,250
Given Data GOODBYE GRASS CORPORATION Balance Sheet At April 30, 2020 Assets Liabilities Current Assets Current Liabilities Cash $3,800 Accounts Payable $400 Note Receivable 1,250 Note Payable 4,000 Total Current Assets 5,050 Total Current Liabilities 4,400 Equipment 4,600 Shareholders' Equity Land 3,750 Contributed Capital 9,000 Retained Earnings -0- Total Shareholders' Equity 9,000 Total Assets $13,400 Total Liabilities and Shareholders' Equity $13,400
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