Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity. $ 12,500 $225,000
Posted: Sun May 29, 2022 5:02 pm
Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity. $ 12,500 $225,000 $125,000 Cash balances Inventory of sofas Store and property Accounts receivable Accounts payable Long-term debt $ 24,500 $ 19,500 $195,000 BALANCE SHEET OF SOPHIE'S SOFAS Liabilities & Shareholders' Equity Total assets $ $ = = Assets 0 Total liabilities & shareholders' equity