The purpose of this assignment is to make the student aware of the accounts included and the make-up and purpose of the Balance Sheet. It is worth 25 points and is due on the date listed on the Class Calendar. From the following information: 1. Decide which of the accounts would appear on the Balance Sheet. Mark with an X 2. Use those accounts to prepare the Balance Sheet for Financial World Company as of December 31, 2019. 3. Remember to include the financial statement 3 line heading. Salaries Expense 23,800 Rent Expense 18,000 Supplies 3,500 Utilities Expense 9.600 Service Revenue 125,000 Cash 76,400 Repairs Expense 900 Miscellaneous Expense Accounts Payable 17 800 Accounts Receivable 14,000 Owner Investment 40.000 Equipment 75.000 Retained Earnings 39.100 Current Period Earnings 72.000 700 Assets: Liabilities: Owner's Equity: 151,100 Totol Owner's Equity Total Liability & Owner's Equity Total Assets