Reference no: EM132644816
Question - Given
Equipment $30,000 Jack Downing, Capital ?
Land 5,00,000 Buildings 5,00,000
Accounts Payable 60,000 Cash 22,000
Accounts Receivable 10,500 Furnishings 58,000
Salaries Payable 35,000 Snowmobiles 16,000
Interest Payable 10,000 Notes Payable 6,00,000
Required - Prepare a balance sheet at December 31, 2019.