Question: The difference between liabilities and straight equity is the first has accounts receivable while the other is only capital? I'm not sure what to calculate
The difference between liabilities and straight equity is the first has accounts receivable while the other is only capital? I'm not sure what to calculate for the last few entries.


CANTU CORPORATION Worksheet Month Ended December 31, 2019 Adjusted Trial Balance Income Statement Trial Balance Debit Credit Debit Credit DebitCredit Debit Credit Debit Credit 77,500 12,300 10,700 16,200 67,500 Adjustments Balance Sheet Account Name Cash Accounts Receivable Supplies Prepaid Advertising Equipment Accumulated Depreciation- Equipment Accounts Payable Selena Cantu, Capital Selena Cantu, Drawing Fees Income Supplies Expense Advertising Expens Depreciation Expense- Equipment Salaries Expense Utilities Expense Totals Net Income 77,500 12,300 6,300 10,700 2,700 16,200 67,500 77,500 12,300 4,400 13,500 67,500 1 , 350 12,300 108,300 1,350 12,300 108,300 1,350 12,300 108,300 7,500 7,500 7,500 90,300 90,300 90,300 6,300 2,700 6,300 6,300 2,700 1,350 17,100 2,700 1,350 17,100 1,350 17,100 2,100 2,100 2,100 210,900 210,900 10,350 10,350 212,250 212,250 29,550 90,300 182,700 121,950 60,750 90,300 90,300 182,700 182,700 60,750
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