Balance the budget sheet: Current Assets: Total Current Assets: Property and equipment: Other assets: Total Assets: Current liabilities: Total Current Liabilities: Total Liabilities: Share...

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Finance

Balance the budget sheet:
Current Assets:
Total Current Assets:
Property and equipment:
Other assets:
Total Assets:
Current liabilities:
Total Current Liabilities:
Total Liabilities:
Share holders equity
Total Liabilities & Share holders Equity:
Instructions: Please place the following items and amountsin their correct locations on the balance sheet
Accountspayable $30,000 Accountsreceivable $20,000
Investments $10,000 Commonstock $10,000
Additional paid-in capital $20,000 Prepaidexpense $4,000
Cash andcash equivalents $100,000 Deferredrevenue $2,000
Notespayable $10,000 Inventory $15,000
Retainedearnings $197,100 Intangible assets $4,000
Long-term debt $200,000 Land $24,300
Buildings and improvements $250,000 Equipment $50,000
Lessaccumulated depreciation ($5,000) Treasurystock ($2,000)
Less accumulated amortization ($200) Accrued expenses $5,000

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Balance the budget sheet:Current Assets:Total Current Assets:Property and equipment:Other assets:Total Assets:Current liabilities:Total Current Liabilities:Total Liabilities:Share holders equityTotal Liabilities & Share holders Equity:Instructions: Please place the following items and amountsin their correct locations on the balance sheetAccountspayable$30,000Accountsreceivable$20,000Investments$10,000Commonstock$10,000Additional paid-in capital$20,000Prepaidexpense$4,000Cash andcash equivalents$100,000Deferredrevenue$2,000Notespayable$10,000Inventory$15,000Retainedearnings$197,100Intangible assets$4,000Long-term debt$200,000Land$24,300Buildings and improvements$250,000Equipment$50,000Lessaccumulated depreciation($5,000)Treasurystock($2,000)Less accumulated amortization($200)Accrued expenses$5,000

Instructions: Please place the following items and amountsin their correct locations on the balance sheet
Accountspayable	$30,000	Accountsreceivable	$20,000
Investments	$10,000	Commonstock	$10,000
Additional paid-in capital	$20,000	Prepaidexpense	$4,000
Cash andcash equivalents	$100,000	Deferredrevenue	$2,000
Notespayable	$10,000	Inventory	$15,000
Retainedearnings	$197,100	Intangible assets	$4,000
Long-term debt	$200,000	Land	$24,300
Buildings and improvements	$250,000	Equipment	$50,000
Lessaccumulated depreciation	($5,000)	Treasurystock	($2,000)
Less accumulated amortization	($200)	Accrued expenses	$5,000