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Part 3) Application /26 1) Use the template below to prepare a complete balance sheet for the sole proprietorship, Sally Schmidt Landscaping, including the appropriate

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Part 3) Application /26 1) Use the template below to prepare a complete balance sheet for the sole proprietorship, Sally Schmidt Landscaping, including the appropriate headings. Her account information as of September 30, 2014 is as follows; Cash $2000; Bank Loan $10 000; Amounts Owed by Customers $8000; Office Supplies 900; S. Schmidt, Capital $105 900; Amounts Owed to Creditors $14 000; Building $200 000; Equipment $9000; Mortgage on Building $90 000. Balance Sheet ASSETS LIABILITIES OWNER'S EQUITY

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