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Which of the following correctly shows a balance sheet? EXAMPLE COMPANY BALANCE SHEET DECEMBER 31, 2018 ASSETS CASH $8,000 ACCOUNTS RECEIVABLE $4,000 TOTAL ASSETS $12,000

Which of the following correctly shows a balance sheet?

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EXAMPLE COMPANY BALANCE SHEET DECEMBER 31, 2018 ASSETS CASH $8,000 ACCOUNTS RECEIVABLE $4,000 TOTAL ASSETS $12,000 LIABILITIES ACCOUNTS PAYABLE $25,000 NOTES PAYABLE $20,000 TOTAL LIABILITIES $45,000 EQUITY $33,000EXAMPLE COMPANY BALANCE SHEET DECEMBER 31, 2018 ASSETS CASH $25,000 ACCOUNTS RECEIVABLE $20,000 TOTAL ASSETS $45,000 LIABILITIES ACCOUNTS PAYABLE $8,000 NOTES PAYABLE $4,000 TOTAL LIABILITIES $12,000 EQUITY $33,000ASSETS CASH $21,000 ACCOUNTS RECEIVABLE $12,000 TOTAL ASSETS $33,000 LIABILITIES ACCOUNTS PAYABLE $8,000 NOTES PAYABLE $4,000 TOTAL LIABILITIES $12,000 EQUITY $45,000EXAMPLE COMPANY BALANCE SHEET 2017-2018 ASSETS CASH $34,000 ACCOUNTS RECEIVABLE $23,000 TOTAL ASSETS $57,000 EQUITY $45,000

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