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

Commission revenue

$ 30,600

Accounts payable

4,100

Accounts receivable

5,600

Total equity

106,300

Equipment

10,600

Advertising expense

3,800

Cash

8,100

Land

35,600

Notes payable

50,600

Supplies

2,100

Salaries expense

12,600

Salaries payable

1,600

Building

100,600

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