Identify current assets-net fixed assets and total assets

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Prepare a balance sheet in good form using the information given below. Make sure to identify current assets, net fixed assets, total assets, current liabilities, long-term debt, total equity, and total liabilities and equity. Gross fixed assets $45,000 Cash 18,000 Accumulated depreciation 30,000 Common stock 43,000 Accounts payable 47,000 Inventories 122,000 Retained earnings 100,000 Accounts receivable 60,000 Long-term debt 25,000

Reference no: EM131124671

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