Question: Please solve according to given question Q3. (20) Shown below in random order is a list of balance sheet items for Red River Farms at

 Please solve according to given question Q3. (20) Shown below in

Please solve according to given question

Q3. (20) Shown below in random order is a list of balance sheet items for Red River Farms at September 30,2001. Land $550,000 Fences and Gates (Assets) $33,570 Building $78,300 Irrigation System (Assets) $20,125 Notes payable $530,000 Cash $16,710 Accounts Receivable 22,365 Livestock (Asset) $120,780 Tractor (Asset) 76,650 Farm Machinery $42,970 Accounts Payable $77,095 Hollis Roberts Capital ? Property Taxes Payable $9,135 Wages Payable $1,820 Instructions: Prepare a balance sheet by using these items and computing the amount for Hollis Roberts Capital

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