Question: I have attempted the problem and I'm not sure what part i'm getting wrong. The following are the transactions of Spotlighter, Inc., for the month

I have attempted the problem and I'm not sure what part i'm getting wrong.I have attempted the problem and I'm not sure what part i'm

The following are the transactions of Spotlighter, Inc., for the month of January: Borrowed $5,140 from a local bank on a note due in six months. Received $5,830 cash from investors and issued common stock to them. Purchased $2,200 in equipment, paying $800 cash and promising the rest on a note due in one year. Paid $900 cash for supplies. Bought and received $1,300 of supplies on account. Prepare a classified balance sheet for Spotlighter, Inc., as of January 31

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