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Q1. Listed below in random order are the items to be included in the balance sheet of ABC Corporation at December 31, 2019: Equipment$30,000 Jack

Q1. Listed below in random order are the items to be included in the balance sheet of ABC Corporation at December 31, 2019:

Equipment$30,000 Jack Downing, Capital?

Land5,00,000 Buildings5,00,000

Accounts Payable60,000 Cash22,000

Accounts Receivable10,500 Furnishings58,000

Salaries Payable35,000 Snowmobiles16,000

Interest Payable10,000 Notes Payable6,00,000

balance sheet at December 31, 2019.

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