Question: please help me solve 16.1 , and 2. Please write clear! 16-1. Prepare a December 31,2020 , balance sheet for Long Print Shop like the

please help me solve 16.1 , and 2. Please write clear!

16-1. Prepare a December 31,2020 , balance sheet for Long Print Shop like the one for The Card Shop (LU 16-1) from the following: cash, \$50,000; accounts payable, \$38,000; merchandise inventory, $14,000; Joe Ryan, capital, $46,000; and equipment, $20,000.LU161(1) 16-2. From the following, prepare a classified balance sheet for Bach Crawlers as of December 31,2020 . Ending merchandise inventory was $4,000 for the year. LU16 1(1)

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