Mar. 1 KEENE AND MCKEE Balance Sheet March 1, 2016 Current assets: Cash Accounts receivable Less allowance for doubtful accounts Merchandise inventory Total current assets Plant assets: Equipment Total assets Current liabilities: Accounts payable Notes payable Total liabilries Partners Equity Eric Keene, capital Abigail McKee, capital Total partners' equity Total liabilities and partners' equity Feb. 28 28 Schedule: Total Salary alowance Remaining income Net income