The balance sheet account as of July 31, 1995 for altona company are as follows:
Capital: (fix lib) 35,630
Office Equipment (ass) 16730
Delivery Truck 15900
Accounts Receivables(ass) 14180
Notes payable(lib 1200
Cash(ass 7820
Accounts Payable 5750
Salaries Payable 2170
Delivery Supplies on hand 1050
Office Supplies on hand 870
Required:
Prepare a balance sheet as of july 31,1995 (Total Assets = 56,550)