The newly purchased firm was bought on November 1.At inception the balance sheet accounts of the firm were as follows:

Account Name

$

Accounts Payable

85,000

Bonds Payable (Over 1 Year)

45,000

Accounts Receivable

67,000

Share Capital

936,200

Land

490,000

Furniture and Fixtures

15,000

Building

320,000

Wages Payable

55,000

Equipment

175,000

Bottle Processing Patent Fee's Payable

25,000

Cash

2,200

Taxes Payable

58,000

Notes Payable

60,000

Bottle Inventory

195,000

During the month of November the following transactions occurred:

Accounts Receivable for $16,000 was collected.

Wages due of $15,000 were paid out in cash.

$175,000 in Equipment was purchased on credit ($100 was due on delivery and was paid in cash).

Their land was appraised and found to be worth $560,000.

A stakeholder, Bruce Wayne, provided the company with equipment and in return received $65,000 in shares.

$300,000 in shares was retired for bonds payable on December 15, 2025.

Bottle Processing Patent Fees were paid completely out on Credit.

$175,000 in Old Bottles was returned to the former supplier for their cash value.

A bank loan for $65,000 was taken out.The amount was kept in cash over the end of the month.

Required:

Balance Sheet for November 30th assuming no other transactions occurred for the month other than those noted above.

What will Final Balance Sheet look like?

*or if too much to work out. Doesn't need to be super tidy...what would the final Total Assets and Total Liability be? Just want to check my answers.