Question: Refer to the data in BE1-16. Using these data and the information from Prairie's statement of owner's equity prepared in BE1-17, prepare a balance sheet

Refer to the data in BE1-16. Using these data and the information from Prairie's statement of owner's equity prepared in BE1-17, prepare a balance sheet for Prairie Company.

Data from BE1-16

N. Woods, capital, October 1, 2014 N. Woods, drawings Rent expense Service revenue Accounts payable Accounts receivable

N. Woods, capital, October 1, 2014 N. Woods, drawings Rent expense Service revenue Accounts payable Accounts receivable Advertising expense $90,000 $36,000 6,000 2,600 23,000 77,500 3,600 59,300 Cash

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