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The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted balance sheet

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The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted balance sheet for next year Ending Balances Cash Accounts receivable Supplies inventory $ 8,800 $ 5,300 37,500 S 15,200 2,500 S 5,000 Equipment Accounts payable Common stock Retained earnings Thne begining belane of retained camings was $235,00, net income is budgeted to be $19,900, and Required: Prepare the company's budgeted balance sheet. (Amounts to be daducted should be indicated by a minus sign. Assets Current assets Total current Plant and Total Equity

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