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Which of the following correctly shows a balance sheet? EXAMPLE COMPANY BALANCE SHEET JANUARY 31, 2019 ASSETS begin{tabular}{|c|c|} hline CASH & $13,000 hline ACCOUNTS
Which of the following correctly shows a balance sheet?
EXAMPLE COMPANY BALANCE SHEET JANUARY 31, 2019 ASSETS \begin{tabular}{|c|c|} \hline CASH & $13,000 \\ \hline ACCOUNTS RECEIVABLE & $12,000 \\ \hline TOTAL ASSETS & $25,000 \\ \hline LIABILITIES & \\ \hline ACCOUNTS PAYABLE & $6,000 \\ \hline NOTES PAYABLE & $4,000 \\ \hline TOTAL LIABILITIES & $10,000 \\ \hline EQUITY & $15,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ EXAMPLE COMPANY } \\ BALANCE SHEET \\ JANUARY 31, 2019 \\ \hline ASSETS \\ \hline CASH & $29,000 \\ \hline ACCOUNTS RECEIVABLE & $21,000 \\ \hline TOTAL ASSETS & $50,000 \\ \hline LIABILITIES & \\ \hline ACCOUNTS PAYABLE & $6,000 \\ \hline NOTES PAYABLE & $4,000 \\ \hline TOTAL LIABILITIES & $10,000 \\ \hline EQUITY & $15,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline ASSETS & \\ \hline CASH & $7,000 \\ \hline ACCOUNTS RECEIVABLE & $3,000 \\ \hline TOTAL ASSETS & $10,000 \\ \hline \multicolumn{2}{|l|}{ LIABILITIES } \\ \hline ACCOUNTS PAYABLE & $8,000 \\ \hline NOTES PAYABLE & $7,000 \\ \hline TOTAL LIABILITIES & $15,000 \\ \hline EQUITY & $7,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \begin{tabular}{r} EXAMPLE COMF \\ BALANCE SHE \\ 20182019 \end{tabular} & \\ \hline ASSETS & \\ \hline CASH & $7,000 \\ \hline ACCOUNTS RECEIVABLE & $3,000 \\ \hline TOTAL ASSETS & $10,000 \\ \hline EQUITY & $5,000 \\ \hline \end{tabular}Step by Step Solution
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