UNIT 4 - CHALLENGE 3: Notes OFFICE WORLD BALANCE SHEET as of December 31, 2007 ASSETS CASH $50,000 10% ACCOUNTS RECEIVABLE 90% TOTAL ASSETS 100% LIABILITIES ACCOUNTS PAYABLE $25,000 5% NOTES PAYABLE TOTAL LIABILITIES 2596 30% EQUITY TOTAL EQUITY $350,000 TOTAL LIABILITIES REQUERY Apps Bookmarks K12 login C Campus Parent Port... USATestprep N UNIT 4 - CHALLENGE 3: Notes Payal