The following table shows financial data for Cuddly Pets, Inc. as of June 30, 2010. Prepare a balance sheet using this data.
|
Accounts receivable |
$419,200 |
|
Accounts payable |
349,200 |
|
Inventory |
58,400 |
|
Capital stock |
662,100 |
|
Other assets |
69,400 |
|
Notes payable |
268,900 |
|
Cash |
732,600 |
|
Equipment |
118,500 |
|
Retained earnings |
117,900 |