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Task 13 -Balance Sheet Liliana Cake Shop Owns the building they work in valued at $250,000.00 owes its suppliers (creditors) $12,000.00. Fill in the following

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Task 13 -Balance Sheet Liliana Cake Shop Owns the building they work in valued at $250,000.00 owes its suppliers (creditors) $12,000.00. Fill in the following Balance Sheet all the information stated. Using the formula: Owners' Equity = Assets - Liabilities Calculate the Owners' equity for Lilliana BALANCE SHEET ASSETS $ LIABILITIES $ Total Liabilities Owner's Equity TOTAL TOTAL Owners' equity

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