The following financial data are for the dental practice of Dr. Jose Ortiz when he began operations in July. 1. Owes $17,000 to the Sanderson Equipment Company. 2. Has cash balance of $11,500. 3. Has dental supplies of $2,650. 4. Owes $3,180 to Galaxy Furniture Supply. 5. Has dental equipment of $24,550. 6. Has office furniture of $6,000. Determine the amounts that would appear in Dr. Ortiz's balance sheet. Total Assets Liabilities + + + Owner's Equity

The following financial data are for the dental practice of Dr. Jose Ortiz when he began operations in July. 1. Owes $17,000 to the Sanderson Equipment Company. 2. Has cash balance of $11,500. 3. Has dental supplies of $2,650. 4. Owes $3,180 to Galaxy Furniture Supply. 5. Has dental equipment of $24,550. 6. Has office furniture of $6,000. Determine the amounts that would appear in Dr. Ortiz's balance sheet