There is $310,970.83 in Inventory that was forgotten when creating a Balance Sheet.

Please add the Inventory to the Current Assets and make sure the Liability and Shareholder Equity balance out.

The Inventory was paid with cash from prior years profits (NO Liabilities associated with the inventories).

What entry is needed to make the Balance Sheet, Balance out?

Jun 30, 23 ASSETS Current Assets Checking/Savings BANK ACC 66,555.26 Total Checking/Savings66,555.26 Inventoryxxxxxx Total Current Assetsxxxxxx TOTAL ASSETSxxxxxx LIABILITIES & EQUITY Liabilities Current Liabilities Credit Cards AMERICAN EXPRESS 1008-3,863.25 CAPITAL ONE 8704-5,723.54 Total Credit Cards-9,586.79 Total Current Liabilities-9,586.79 Total Liabilities-9,586.79 Equity Owner Withdrawal4,169.29 Retained Earnings-3,437.48 Net Income75,410.24 Total Equity76,142.05 TOTAL LIABILITIES & EQUITY66,555.26