From the following information for sole trader M Spratt, software designer, draw up a balance sheet at the end of the financial year (30 June 2013) You are also required to determine the amount of owner 's capital accounts payable $8000 land $100 000 cash on hand$10 000 premises $230 000 bank mortgage $14 000 profit $4000 accounts receivable$7650 accounts payable $1000 computer equipment $10 000

Question: From the following information for sole trader M Spratt, software designer, draw up a balance sheet at the end of the financial year (30 June

From the following information for sole trader M Spratt, software designer, draw up a at the end of the financial year (30 June 2013). You are also required to determine the amount of owner's capital: $8000; land $100 000; cash on hand$10 000; premises $230 000; bank mortgage $14 000; profit $4000; accounts receivable$7650; $1000; computer equipment $10 000.

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