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Instructions Balance Sheet The following items are available from records of Freescia Corporation at the end of the current year: Accounts payable $12,560 $49,000 Notes

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Instructions Balance Sheet The following items are available from records of Freescia Corporation at the end of the current year: Accounts payable $12,560 $49,000 Notes payable Office equipment Accounts receivable 24,820 13,600 Advertising expense 2,220 Retained earnings, end of year 35,280 Buildings 82,200 Salary and wage expense 8,190 Capital stock 28,300 Sales revenue 13,680 Cash 4,520 Balance Sheet Using the data given, prepare a balance sheet for Freescia Corporation at the end of the current year. Freescia Corporation Balance Sheet End of the Year Assets $ Analysis For each non-balance-sheet item, indicate whether it should appear on the income statement or the statement of reti Account Should be located in Total assets Liabilities and stockholders' equity

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