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The bookkeeper for Solomon's Country Music Bar left this incomplete balance sheet. Solomon's working capital...

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Accounting

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The bookkeeper for Solomon's Country Music Bar left this incomplete balance sheet. Solomon's working capital is $95,000 and its debt to assets ratio is 40 percent. Required Complete the balance sheet by supplying the missing amounts. $ 22,000 32,000 19,000 (38,000) 212,000 Assets Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Long-term assets Building Less: Accumulated depreciation Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Notes payable Income tax payable Total current liabilities Long-term liabilities Mortgage payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 11,000 9,200 35,800 104,000

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