Restore the file Boston Catering. Enter budgeted assets, liabilities, and equities described below and then print the Balance Sheet Budget Overview and balance sheet budget vs. actual reports.

a. Budgeted assets as of July 31, 2010, include cash in bank (Bank of America) \($80,000\), short-term investments \($5,000\), Accounts Receivable \($20,000\), food inventory \($5,000\), furniture and equipment \($76,500\), and accumulated depreciation \($3,000\).

b. Budgeted liabilities as of July 31, 2010, include accounts payable \($10,000\), payroll liabilities \($2,000\), notes payable (Bank of America) \($25,000\), and notes payable (Citibank) \($50,000\).

c. Budgeted equities as of July 31, 2010, include capital stock \($90,000\) and Retained Earnings \($6,500\).