Question: ASAP. help me do the question number 2...for my exercise. thank you PART 2: THEORY QUESTIONS Your friend, Daniell, recently began work as the lead

ASAP. help me do the question number 2...for my exercise. thank

ASAP. help me do the question number 2...for my exercise. thank you

PART 2: THEORY QUESTIONS Your friend, Daniell, recently began work as the lead accountant for the Asheville Company, Daniel prepared the following balance sheet for 31 December 2018: Asheville Company Balance Sheet For the Year Ended December 31, 2018 Assets Land Accounts payable Accounts receivable Cash. Daniel Nat capital Total assets $100,000 10,000 12.500 10,000 235,000 $367,500 Liabilities Equipment Wages payable Total liabilities $125.000 2.500 $127,500 Instructions: 1. White a brief explanation to Daniel explaining the errors in the Asheville Company balance sheet 2. Draw a correct presentation for the balance sheet

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