On December 31, records show the following accounts. $ 26,000 3,500 10,500 70,500 Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense Total equity Use this information to prepare a December 31 balance sheet. Total Assets Assets 82,500 30,500 40,500 $ 8,000 4,000 80,000 Balance Sheet December 31 Liabilities Equity Total equity 0 Total liabilities and equity - $ 0

On December 31, records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense Total equity $26,000 3,500 10,500 70,500 82,500 30,500 40,500 8,000 4,000 80,000 Use this information to prepare a December 31 balance sheet