Question: 'onstruct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity Construct a balance sheet for Sophie's Sofas given the following data,

'onstruct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity

Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity. $ 7,000 $170,000 $ 70,000 $ 19,000 $ 14,000 $140, Cash balances Inventory of sofas Store and property Accounts receivable Accounts payable Longterm debt Assets Cash nventory Store and property Accounts receivable Total assets BALANCE SHEET OF SOPHIE'S SOFAS Liabilities & Shareholders' Equity 0 Accounts payable ong-term debt Shareholders' equity Total liabilities & shareholders' equity

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