Question: fill in the missing amount in the balance sheet ssets Cash Prepaid rent Office Furniture Computer Equipment Total Assets $35,000 10,000 10,000 5,000 $60,000 Peal


ssets Cash Prepaid rent Office Furniture Computer Equipment Total Assets $35,000 10,000 10,000 5,000 $60,000 Peal Company Balance Sheet As of Dec 31, 2021 Liabilities and Equity Notes Payable -6- Owner's equity Owner's capital -5- Total Liabilities -4- & Equity Net Sales Cost of goods sold Gross profit Operating expenses Selling expenses General and administrative expense S Total operating expenses Income from operations Other expenses Interest expense Net income 4500 Income Statement For the year ended 2021 9500 -2- 2,800 $20,000 -1- 10,500 7.300 3,200 1,200 $2.000 D 00 Peal Company Statement of Owner's equity For 2021 $4,000 6,000 2,000 Capital, Beginning balance Add: Investment Net income Less: Drawings 4000 Capital, Ending balance 8,000 -3
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