Mary Smith is the bookkeeper for Blossom Company. Mary has been trying to determine the correct balance sheet for Blossom Company, shown as follows. Cash Assets Supplies Equipment Owner's drawings Total assets BLOSSOM COMPANY Balance Sheet December 31, 2022 $15,000 8,000 46,000 13,000 $82,000 Liabilities Accounts payable Accounts receivable Owner's capital Total liabilities and owner's equity Prepare a correct balance sheet. (List Assets in order of liquidity.) BLOSSOM COMPANY $21,000 (6,500) 67,500 $82,000

Mary Smith is the bookkeeper for Blossom Compary. Mary has been trying to determine the correct balance sheet for Blossom Compary, shown as follows Prepare a correct balance sheet. (List Assets in order of liquidity)