Prepare a Balance Sheet using the following information for the ABC Company as of March...
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Finance
Prepare a Balance Sheet using the following information for the ABC Company as of March 31, 2019:
Accounts payable = $1,730
Cash = $11,050
ABC Company, Capital March 31 = $22,700 (this goes under Owner's equity)
Inventory = $ 8,230
Wages payable = $2,150
Sales = $13,600
Product Expenses = $8,200
Equipment = $7,300
| As of March 31,2019 | |||
| Assets | Amount | Liabilities | Amount |
| (List all items that are included under Assets) Cash Inventory Equipment | $11,050 $ 8,230 $7,300 | (List all items that are included under Liabilities) Accounts Payable Wages Payable
| $1,730 $2,150 |
|
| Total Liabilities |
| |
|
| Owners Equity | $22,700 | |
|
| (List all items that are included under Owners Equity)
| ???? | |
|
| Total Owners Equity | ????? | |
| Total Assets |
| Total Liabilities and Owners Equity | ????? |
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