Question: Balance Sheet-three (3) questions Instructions: Please prepare a Balance Sheet on your scratch paper based on the following Partial Adjusted Trial Balance. Use this Balance

 Balance Sheet-three (3) questions Instructions: Please prepare a Balance Sheet onyour scratch paper based on the following Partial Adjusted Trial Balance. Use

Balance Sheet-three (3) questions Instructions: Please prepare a Balance Sheet on your scratch paper based on the following Partial Adjusted Trial Balance. Use this Balance Sheet to answer this question and the next two questions. You will need to know the amounts for total assets, total current assets, and total stockholders' equity. Adjusted Trial Balance As of 12/31/20xx Accounts Account Balances Cash |$20,150 Accounts Receivable 30.000 Allowance for Uncollectible 14.000 Accounts Inventory 30.000 Building 45.103 Accumulated Depreciation 5.000 Accounts Payable Deferred Revenue 12.150 11,000 20.000 Common Stock Retained Earnings 120.000 Dividends 14.000 Revenue (Sales) 10.103 Sales Allowances 11.000 Rent Expense 14.000 14.000 Interest Expense Income Tax Expense 14.000 Question: Based on the Partial Trial Balance and Additional Info shown below, what is the amount of the Total Assets shown on the Balance Sheet you prepared on your scratch paper? Additional Information: Net Income After-taxes for the Accounting Period equaled $57,103 Beginning Balance of Common Stock on 1/1/20x

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