Answer:
20Y7 Balance Sheet
$49,960 TOTAL CURRENT ASSETS
$192,440 TOTAL NON CURRENT ASSETS
$242,400 TOTAL ASSETS
$18,730 TOTAL CURRENT LIABILITIES
$0,000 TOTAL NON CURRENT LIABILITIES
$18,730 TOTAL LIABILITIES
$223,670 TOTAL EQUITY
$242,400 TOTAL EQUITY + LIABILITIES
Explanation:
20Y7 Balance Sheet
$12,280 Cash
$26,870 Accounts Receivable
$0,670 Supplies
$3,900 Prepaid Rent
$6,240 Prepaid Insurances
$49,960 TOTAL CURRENT ASSETS
$ 97,000 Equipment
-$ 33,560 Accum Depreciation Equipm
$ 129,000 Land
$192,440 TOTAL NON CURRENT ASSETS
$242,400 TOTAL ASSETS
$11,150 Accounts Payable
$3,230 Unearned Fees
$4,350 Salaries Payable
$18,730 TOTAL CURRENT LIABILITIES
$0,000 TOTAL NON CURRENT LIABILITIES
$18,730 TOTAL LIABILITIES
$180,000 Common Stock
$43,670 Retained Earnings
$223,670 TOTAL EQUITY
$242,400 TOTAL EQUITY + LIABILITIES