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The following financial data are for the dental practice of Dr. Jose Ortiz when he began operations in July. Owes $17,600 to the Sanderson Equipment
The following financial data are for the dental practice of Dr. Jose Ortiz when he began operations in July.
- Owes $17,600 to the Sanderson Equipment Company.
- Has cash balance of $12,100.
- Has dental supplies of $2,950.
- Owes $3,480 to Galaxy Furniture Supply.
- Has dental equipment of $25,150.
- Has office furniture of $6,600.
Determine the amounts that would appear in Dr. Ortizs balance sheet.
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