Question: Balance sheet & Income statement ^^^ Please answer all blanks of the chart, in desperate need of the full answer! Follow rules in blue parentheses


Balance sheet & Income statement ^^^


Please answer all blanks of the chart, in desperate need of the full answer!
Follow rules in blue parentheses
Balance Sheet ASSETS Cash Accounts receivable Inventory Prepaid expenses Total current assets Gross plant and equipment Accumulated depreciation Total assets LIABILITIES AND OWNERS' EQUITY Accounts payable Accrued liabilities Total current liabilities Long-term debt Common stock $94,000 30,000 48,000 13,000 $185,000 399,000 (70,000) $ 514,000 $92,000 66,000 $158,000 126,000 206,000 24,000 Retained earnings
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