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Create ICUPs Balance Sheet

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Reference no: EM132484240

The following are account balances on December 31, 2018 for Intensive Care Urology Practice (ICUP), (in alphabetical order):

Accounts Payable Accounts Receivable, Net Cash

Equity (January 1, 2017) Expenses

Inventory

Long-term Debt   Long-term Investments   Net Property & Equipment Revenues

$375,000                    $280,000                      $175,000                             

 $625,000                   $610,000                        $480,000

$650,000                       $165,000                      $750,000 $810,000

Question 1: Create ICUP's Balance Sheet (Hint: Not all of the accounts above are balance sheet accounts - you may need to calculate ICUP's income!).

Reference no: EM132484240

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