Check my work 1 The night manager of Willis Transportation Service, who had no accounting background, prepared the following balance sheet for the company at February 28, current year. The dollar amounts were taken directly from the company's accounting records and are correct. However, the balance sheet contains a number of errors in its headings, format, and the classification of assets, liabilities, and owners' equity. ts eBook Print erences Assets Capital stock Retained earnings Cash Building Automobiles WILLIS TRANSPORTATION SERVICE Manager's Report 8 P.M. Thursday $ 92,000 67,000 65,000 90,000 175,000 $ 489,000 Prepare a corrected balance sheet. Owners' Equity Accounts receivable Notes payable Supplies Land Accounts payable $ 76,000 284,000. 12,000 71,000 46,000 $ 489,000

The night manager of Willis Transportation Service, who had no accounting background, prepared the following balance sheet for the company at February 28 , current year. The dollar amounts were taken directly from the company's accounting records and are correct. However, the balance sheet contains a number of errors in its headings, format, and the classification of assets, liabulities. and owners' equity. Prepare a corrected balance sheet. Prepare a corrected balance sheet