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Dr. Smith's clinic has been running from long time. The information below summarizes how things...

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Accounting

Dr. Smith's clinic has been running from long time. The information below summarizes how things looked at the end of Dec 31,2023.
1.During the year Dr. Smith purchased computer tables and chairs for the clinic. For this purchase Dr. Smith paid $30,000 in cash.
2.Dr. Smith has $10000 dollars cash currently in the business account
3.Dr. Smith provided 15000 worth of clinical care to team of athletes and is yet to receive payments
4.There are number of items in stocks that the clinic can sale for example medicines, injections, compression stockings worth $5000
4.Net income for the year was $50000
5.Last year clinic's profit was $30,000
6.Total amount of equipment that the clinic owns is estimated at $100,000
Please create a Balance sheet using the information provided using Excel or word for this assignment.

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