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urgent Austins is a Cambridge restaurant featuring steak, seafood and Tex Mex cuisine. The following are the accounts from which to build Austins Balance Sheet

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Austins is a Cambridge restaurant featuring steak, seafood and Tex Mex cuisine. The following are the accounts from which to build Austins Balance Sheet for the year ending December 31, 2020. Produce a complete Balance Sheet, appropriately titled and calculated. Accounts Receivable Cash Credit Line Used Common Shares Short Term Loan Mortgage Prepaid Rent Retained Earnings Accumulated Depreciation Accounts Payable Client List Inventory Building & Equipment Accrued Salaries $245,000 $67,000 $52,100 $200,000 $56,000 $224,400 $14,500 $235,000 $38,000 $78,000 $22,500 $215,000 $325,000 $5,500 -1

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