Question: I DONT HAVE MUCH TIME PLEAE HELP ) The Balance Sheet data of Sancaktepe High Tech Innovation Inc. are shown as of 31.12.2020 below. 10

I DONT HAVE MUCH TIME PLEAE HELP ) The Balance Sheet data of Sancaktepe High Tech Innovation Inc. are shown as of 31.12.2020 below. 10 points

Accounts payable: 400

Bank deposits/funds: 2.000

merchandise: 4.000

Notes payable: 800

Furniture&Fixtures: 300

Machinery&Equipment: 3.000

Notes Receivable: 1.000

Accounts receivables: 700

Buildings: 6.000

Accumulated depreciation (1.000)

Cash: 12.000

REQUIREMENT:

Using Balance sheet equation and OE formula calculate

-Owners Equity ?

-Total Assets ? Total Equities?

-Create the Balance sheet ?

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