Question: I do not understand what I need to do with the data from #4, #7, and #10. From the instructions, it appears I need to

I do not understand what I need to do with the data from #4, #7, and #10. From the instructions, it appears I need to use the accounts listed above to prepare the balance sheet. The balances appear to be the year end balances, and we are required to keep some of the accounts as a net. What calculations am I going to need to do with the data from #4, #7, and #10. Is this information I will need to put in the notes.

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