Question: please do all parts. Start by preparing the asset section of the balance sheet, then prepare the liabilities and stockholders' equity section. Consiber the following



Start by preparing the asset section of the balance sheet, then prepare the liabilities and stockholders' equity section. Consiber the following June actual ending balances and JYy 31, 2024 budgeted amounts for Odelos: (Cick the icon to view the information) a. June 30 Merchandise Inventory balance, $17,780 b. July purchase of Merchandise Inventory, $4,800, paid in cash c. July payments of Accounts Payable, $8,300 d. June 30 Accounts Payable balance, $10,400 e. June 30 Furniture and Fixtures balance, $34,300; Accumulated Depreciation balance, $29,840 f. June 30 total stockholders' equity balance, $28,280 g. July Depreciation Expense, $600 h. Cost of Goods Sold, 50% of sales i. Other July expenses, including income tax, $5,000, paid in cash j. June 30 Cashrbalance, $11,300 k. July budgeted sales on account, $12,500 I. June 30 Accounts Receivable balance $5,140 m. July cash receipts from payments on account, $14,500 Cash Accounts Receivable Merchandise Inventory Total Current Assets Property, Plant, and Equipment: Furniture and Fixtures Less: Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Stockholders' Equity Total Liabilities and Stockholders' Equity
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