Question: Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity. = Cash balances Inventory of sofas Store and property Accounts receivable

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

Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity. = Cash balances Inventory of sofas Store and property Accounts receivable Accounts payable Long-term debt $ 6,000 $160,000 $ 60,000 $ 18,000 $ 13,000 $130,000 = = BALANCE SHEET OF SOPHIE'S SOFAS Liabilities & Shareholders' Equity Assets Total assets Total liabilities & shareholders' equity

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