Question: Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity. Cash balances $ 14,500 Inventory of sofas $ 245,000 Store and

Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity. Cash balances $ 14,500 Inventory of sofas $ 245,000 Store and property $ 145,000 Accounts receivable $ 26,500 Accounts payable $ 21,500 Long-term debt $ 215,000

Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity

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