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Using the following accounts, complete a balance sheet Accounts receivable $ 237,000 Inventory 243,000 Accounts payable 89,000 Notes payable 169,000 Cash 95,000 2,080,976 Sales (Sales

Using the following accounts, complete a balance sheet

Accounts receivable $ 237,000

Inventory 243,000

Accounts payable 89,000

Notes payable 169,000

Cash 95,000

2,080,976 Sales (Sales = Income)

Interest expense 19,296

Fixed assets 500,000

87,000 Accruals (accumulated)

188,000 Long Term Debt

255,000 Comon stock (common equity)

40% Taxes

212,000 Retained earnings

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