Question: why the answer is not complete? Construct a balance sheet for Sophie's Sofas given the following data Cash balances Inventory of sofas Store and property
why the answer is not complete?
Construct a balance sheet for Sophie's Sofas given the following data Cash balances Inventory of sofas Store and property Accounts receivable Accounts payable Long-term debt -$ 11,500 -$215,000 -$115,000 - 23,500 -$ 18,500 - $185,000 Answer is not complete. BALANCE SHEET OF SOPHIE'S SOFAS Assets Liabilities & Shareholders' Equity 18,500 185.000 $ 11,500 Accounts payable Cash Inventory Accounts receivable Store and property 215,000Long-term debt 23,500 115,000 365, Total assets 000 Total liabilities & shareholders 203,500
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