Directions Create a balance sheet with the following information. Create formulas to calculate the totals. Make formatting changes to
make it easy to read. Save and print.
Balance Sheet for Flowers Galore
September 1, 2008
Assets
Cash 6,414
Receivable, 2,662
Inventory 3.191
Prepaid expenses 2,557
Total Current Assets
Liabilities and Equities
Liabilities
Bank loan 31,500
Accounts payable 2000
Total Liabilities
Property and Equipment Owner's Equity
Land 16,643
Capital 32,607
Buildings 56,163
Retained earnings 24,273
Equipment 2,750
Total Property and Equipment Total Equity
Total Assets
Total Liability and Equity