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The bookkeeper for Perez's Country Music Bar left this incomplete balance sheet. Perez's working capital is $96,000 and its debt-to- assets ratio is 30

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The bookkeeper for Perez's Country Music Bar left this incomplete balance sheet. Perez's working capital is $96,000 and its debt-to- assets ratio is 30 percent. Required Complete the balance sheet by supplying the missing amounts. Assets Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets $ 27,000 39,000 12,000 Long-term assets Building Less: Accumulated depreciation (33,000) Total long-term assets 218,000 Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Notes payable 10.000 Income tax payable 10.100 Total current liabilities 36,100

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