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Mecca Copy, a photocopying center located on University Avenue, provided the following data to prepare...

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Accounting

Mecca Copy, a photocopying center located on University Avenue, provided the following data to prepare a budgeted balance sheet for next year:
\table[[,Ending],[Balances,]]
The beginning balance of retained earnings was $30,000, budgeted net Income is $13,900, and budgeted dividends are $3,100.
Requlred:
Prepare the company's budgeted balance sheet.
Note: Amounts to be deducted should be Indlcated by a minus sign.
\table[[Mecca Copy],[Budgeted Balance Sheet,],[Current assets:,,],[,,],[,,],[,,],[Total current assets,,],[Plant and equipment:,,],[,,],[Plant and equipment, net,,],[Total assets,,],[,,],[Current liabilities:,,],[,,],[Stockholders' equity:,,],[,,],[,,],[Total stockholders' equity,,]]
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