How much is cash needed in order for the balance sheet to actually balance? Assets Liabilities and Equity Cash 7 Accounts payable Accounts receivable 13,500 Accrued liabilities Inventory 38,500 Total Current Liabilities / Debt Total current assets 52,000 Long Term Debt 56.000 35 000 91,000 125,000 Gross Fixed Assets 350,000 Total Liabilities / Debt 216,000 Accumulated depreciation Common stock (85000) 155,500 Net Fixed Assets 265,000 Retained earnings 42.500 Other Assets Total Equity 15,000 198,000 Total assets 7 Total Liability and Equity 414,000 $87,500 $65,000 $82,000 $75,500 A Madanthousins Sense