The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year follow. The capital of the owner was $193,600 at April 1, the beginning of the current year. Mr. Thompson invested an additional $16,300 in the business during the year.

Accounts payable	$1,200		Miscellaneous expense	$510
Accounts receivable	8,970		Office expense	510
Cash	34,990		Supplies	1,670
Fees earned	72,990		Wages expense	31,550
Land	45,700		Drawing	5,600
Building	154,590

Prepare a balance sheet for Thompson Computer Services for the current year ended March 31. PLEASE SHOW ALL WORK!

selected answers probably are not right but wanted to show you the entry format

Prepare a balance sheet for Thompson Computer Services for the current year ended March 31. Thompson Computer Services Balance Sheet March 31 Assets Cash $ 34,990 Accounts receivable Supplies Land 45,700 Building 154,590 Total assets $ HA Liabilities Accounts payable $ Owner's Equity Thompson, capital Total liabilities and owner's equity