Question: Please, can some help with this assignment with workings? Use the following information to answer questions 6 & 7 Acme Auto Supplies Balance Sheet December

Please, can some help with this assignment with workings?

Use the following information to answer questions 6 & 7 Acme Auto Supplies Balance Sheet December 31, 2020 Accounts Payable Saluries Payable Mortgage Payable Total Liabilities S. 65.00 10,000 90,000 S163.000 Cash S 60.000 Prepaid Insurance 40.000 Accounts Receivable 50.000 Inventory 70.000 Land held for investment 80.000 Land 95.000 Building $ 100.000 Less Accumulated Depreciation 620.000 70.000 Trademark TO 000 Total Assets SO Common Stock Retained Ilumns $120.000 250.000 $320.000 Poul stockholders equity ROLI Liabilities and Stockholders' Equity SSADO 6. The rotullmount of working upital is NIB.000 ST.000 S60.000 MIDO.COM

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