Question: Using the Assumptions provided below for, complete the Balance Sheet for the period ending December 31, 2020 35,000 Accounts Payable - 15,000 Accounts Receivables -

Using the Assumptions provided below for, complete the Balance Sheet for the period ending December 31, 2020

35,000 Accounts Payable - 15,000 Accounts Receivables - 30,000 Acquistion Premium

100,000 Building Annex, Furniture - 35,000 Building Loan - 5,000 Cash-on-hand

10,000 Commercial Paper - 10,000 Current week, Invoiced- 30,000 Government Grants

50,000 RE - 5,000 Income Tax - 20,000 Intellectual Property trademarks - 15,000 Interest payable outstanding debt

10,000 Licensing Fees - 30,000 Machinery, Computors - 3,000 Marketable Securities - 15,000 Net Surplus (upward)

100,000 Proceeds from Common Stock sale - 12,000 E-books, Manuscripts for sale

(The balance sheet)
Notes 2020
USD
Assets
Non-current assets
$ -
Current assets
$ -
Total assets $ -
Equity and liabilities
Equity
Total equity $ -
Non-current liabilities
Current liabilities
$ -
Total liabilities $ -
Total equity and liabilities $ -

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