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Pacific Tech Solutions presents the following balance sheet information as of December 31, 2023: Assets Amount ($) Cash $60,000 Accounts Receivable $40,000 Inventory $100,000 Property,
Pacific Tech Solutions presents the following balance sheet information as of December 31, 2023:
Assets | Amount ($) |
Cash | $60,000 |
Accounts Receivable | $40,000 |
Inventory | $100,000 |
Property, Plant, and Equipment | $300,000 |
Total Assets | ? |
Liabilities | Amount ($) |
Accounts Payable | $20,000 |
Notes Payable | $80,000 |
Total Liabilities | ? |
Stockholders' Equity | Amount ($) |
Common Stock | $150,000 |
Retained Earnings | $190,000 |
Total Stockholders' Equity | ? |
Prepare the balance sheet for Pacific Tech Solutions.
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