Prepare a December 31 balance sheet using the following select accounts and amounts. Commission revenue Accounts payable Accounts receivable Total equity Equipment Advertising expense Cash Land Notes payable Supplies Salaries expense Salaries payable Building Cash Land Assets Supplies Equipment Accounts receivable Total assets 69 $ $ 31,400 4,900 6,400 108,700 11,400 4,600 8,900 36,400 51,400 2,900 13,400 2,400 101,400 Balance Sheet December 31 8,900 Salaries payable 36,400 Accounts payable 2,900 Notes payable 11,400 6,400 Liabilities Equity Total equity 66,000 Total liabilities and equity 0 108,700 108,700

Prepare a December 31 balance sheet using the following select accounts and amounts