Question 6

Lynn Dreise is the bookkeeper for Sanculi Company SpA. Lynn has been trying to get the statement of financial position of Sanculi Company SpA to balance. Sanculis statement of financial position is shown below.

SANCULI COMPANY SpA Statement of Financial Position December 31, 2017
Assets				Liabilities
Equipment		67,051		Share capitalordinary		69,845
Supplies		11,175		Retained earnings		24,446
Cash		19,557		Accounts payable		27,938
Dividends		12,572		Accounts receivable		(11,874	)
Total assets		110,355		Total equity and liabilities		110,355

Prepare a correct statement of financial position.