Keeping the Fundamental Accounting Equation in mind (Assets = Liabilities + Equity), categorize the items below into the proper category to create a simple balance sheet.

Please provide the balance sheet in its entirety, not just the answer to the equation. Do NOT paste a picture of a file... write the balance sheet out. Do NOT use a template created elsewhere. If you use an electronic spreadsheet, submit the spreadsheet file in addition to the word file used for the rest of this assignment.

Refer to your BC Online ID number and determine what the first two (2) non-zero numbers are. (For instance, if my ID was E00123456, my first two numbers would be "12". If it was E100524, it would be 15.) Use those two numbers to replace the "XX's" in the two entries below.

Equipment	200000
Accounts Payable	50000
Cash	25000
Loans Payable	125000
Buildings	400000
Retained Earnings	8300XX
Land	125000
Accounts Receivable	100000
Inventory	1550XX