Question: need help with second part! Thank you Exercise 1-13 Robyn Howser is the bookkeeper for Madison Company. Robyn has been trying to determine the correct

need help with second part! Thank you Exercise 1-13 Robyn Howser isthe bookkeeper for Madison Company. Robyn has been trying to determine theneed help with second part! Thank you

Exercise 1-13 Robyn Howser is the bookkeeper for Madison Company. Robyn has been trying to determine the correct balance sheet for Madison Company. Madison's balance sheet is shown below. MADISON COMPANY Balance Sheet December 31, 2017 Assets Liabilities Cash Supplies Equipment Dividends $28,400 62,640 Total assets 103,820 Total liabilities and stockholders' equity $103,820 $19,880 Accounts payable 3,000 Accounts receivable 68,160 Common stock 12,780 Retained earnings (12,070 ) Prepare a correct balance sheet. (List Assets in order of liquidity.)

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