Taylor Equipment Repair Service is owned by Jason Taylor.

Cash$33,700

Supplies5,780

Accounts Receivable12,600

Equipment77,400

Accounts Payable23,400

Use the above figures to make balance sheet dated February 28, 2019.

Analyze:

What is the net worth, or owner's equity, at February 28, 2019, for Taylor Equipment Repair Service?

What is the net worth, or owner's equity, at February 28, 2019, for Taylor Equipment Repair Service?

Use the above figures to prepare a balance sheet dated February 28, 2019.