Required Information The following information applies to the questions displayed below) The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019 December 31 2018 2019 $44,273 $ 5,866 Accounts receivable 24,232 18. 1 Office supplies 3,791 2,777 Office equipment 116, 368 123.954 Trucks 45.536 54,536 Building e 151,799 37. Accounts payable 53,10 31,335 Note payable 39.679 Required: 1. Prepare balance sheets for the business as of December 31, 2018 and 2019. Hint Report only total equity on the balance sheet and remember that total equity equals the difference between assets and liabilities Complete this question by entering your answers in the tabs below. Balance Sheet Balance Sheet 2018 2019 Prepare the balance sheet for the business as of December 31, 2018. Hint: Report only total quity on the balance sheet and remember that total equity equals the difference between assets and liabilities. NETTLE DISTRIBUTION Balance Sheet December 31, 2018 Liabilities Assets Equity Total equity O Total liabilities and equity Best 2018 Balance Sheet 2019 > Required Information (The following information applies to the questions displayed below.) The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019. December 31 Cach Accounts receivable Office Supplies Office equipment Trucks Building Land Accounts payable Note payable $ 44,273 24,032 3,791 115.68 45.535 @ 2019 $ 6,866 18, 841 2,777 123.954 54.536 151,799 37.88 31,336 9.679 63,180 Required: 1. Prepare balance sheets for the business as of December 31, 2018 and 2019. Hint: Report only total equity on the balance sheet and remember that total equity equals the difference between assets and liabilities Complete this question by entering your answers in the tabs below. Balance Sheet 2018 Prepare the balance sheet for the business as of December 31, 2019. Hint: Report only total equity on the balance sheet and remember that total equity equals the difference between assets and liabilities. NETTLE DISTRIBUTION Balance Sheet December 31, 2019 Liabilities Assets Total liabilities Equity Total equity Total abilities and equity SO