Question: Problem 3 (6 Marks) For Belize Inc. the following information is given to you from their financial statements for 2021. 2021 Sales $8,085 Depreciation 1,085
Problem 3 (6 Marks) For Belize Inc. the following information is given to you from their financial statements for 2021. 2021 Sales $8,085 Depreciation 1,085 Current assets 20,447 Cost of goods sold 1,942 Other expenses 515 Interest 579 Cash 5,000 Notes payable 600 Long-term debt 15,435 Net fixed assets 33,291 Accounts payable 4,025 Inventory 9,555 Dividend 1,011 Accounts Receivables: ?? Owners Equity: ?? Construct the statement of financial position (Balance sheet) for Belize Inc. for end of 2021 using only some or all the entries provided above
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