P2-68B. (Learning Objective 1: Analyzing transactions with the accounting equation;

preparing the financial statements) The following amounts summarize the financial position

of Rodriguez Resources on May 31, 20X6:

Assets = Liabilities + Shareholders' Equity Accounts Accounts Cash + Receivable Share + Supplies Retained + Land = Payable + Capital + Earnings Bal. 1,200 1,500 12,500 6,300 5,200 3,700