Question: What am I missing from this balance sheet? 10 polints D References The following are the transactions of Spotlighter, Incorporated, for the month of January.

What am I missing from this balance sheet?

What am I missing from this balance sheet? 10
10 polints D References The following are the transactions of Spotlighter, Incorporated, for the month of January. a. Borrowed $3,940 from a local bank on a note due in six months. b. Received $4,630 cash from investors and issued common stock to them. c. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. d Paid $300 cash for supplies. e Bought and received $700 of supplies on account. Required: Prepare a classified balance sheet for Spotlighter, Incorporated, as of January 31. Include a zero balance for Retained Earnings. At January 31 Current Assets Current Liabilities Supplies $ 1,000 Notes Payable (short-term) 1w Stockholders Equity P T ommmsex [ e $ 1,000 [Total Liabilities and Stockholders' Equity

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