The following items are available from records of Freescia Corporation at the end of the current year:

Accounts payable	$12,820		Notes payable	$47,000
Accounts receivable	23,410		Office equipment	15,000
Advertising expense	2,480		Retained earnings, end of year	45,130
Buildings	88,500		Salary and wage expense	8,190
Capital stock	26,800		Sales revenue	14,660
Cash	4,840

Using the data given, prepare a balance sheet for Freescia Corporation at the end of the current year.

Freescia Corporation
Balance Sheet
End of the Year
Assets
	$
Total assets	$
Liabilities and stockholders' equity
	$
Total liabilities and stockholders' equity	$

For each non-balance-sheet item, indicate whether it should appear on the income statement or the statement of retained earnings.

Account	Should be located in