Cash70,000Accounts Receivable45,000Inventory25,000Land200,000Accounts Payable60,000Short-term Debt30,000Long-term Debt150,000Common Stock90,000Retained Earnings10,000Prepare the balance sheet for Nova Systems as of...

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Question

Accounting

Cash

70,000

Accounts Receivable

45,000

Inventory

25,000

Land

200,000

Accounts Payable

60,000

Short-term Debt

30,000

Long-term Debt

150,000

Common Stock

90,000

Retained Earnings

10,000

Prepare the balance sheet for Nova Systems as of February 28, 2024.


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