To Whoom it may concern, I have a question on Chap 1 questions 32 of the introduction to financial Accounting book which is about contructing a balance sheeet. I have statred the balance sheet considering only the item on the table. However, I was wondering if i should include the rest of the information provided after the table. If yes how? Should just add the component? Please see below my response. Thank you and I look forward to hearing from you.

	As of 09/11/10			As of 09/11/10
ASSETS			LIABILITIES
Current Assets			Current Liabilities
cash	$22,000.00		Account Payable	$16,000.00
Account receivable			Note Payable	21,000.00
Note receivable
Merchandise Inventory	29,000.00		Total Current Liabilities	$37,000.00
Building	241,000.00
Land	41,000.00		Long-Term Liabilities
Total Current Assets	$333,000.00		Long-term debt	134,000.00
Other Assets			Total Liabilities	134,000.00
Machinery and equipment	$20,000		STOCKHOLDER'S EQUITY
Furniture and Fixtures	$8,000.00
			Paid-in Capital	$190,000.00
Total other Assets	$28,000.00
			Total Equity	$190,000.00
Total Assets	$361,000.00
			Total Liabilities and Stockholder's equity	$361,000.00