Question: On a separate spreadsheet, do the following. Make sure the right amount is shown on the excel spreadsheet. Given the following data, prepare an appropriate

On a separate spreadsheet, do the following. Make sure the right amount is shown on the excel spreadsheet.

  1. Given the following data, prepare an appropriate balance sheet.

Assets include: Case - $2,973

Accounts receivable - $1,118

Merchandise inventory - $17,476

Equipment - $16,951

Liabilities include:

Accounts payable $2,417

Wages payable $884

Mortgage note payable $15,000

Owners capital is $23,000

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