The table shows financial data for Purrfect Pets, Inc. as of June 30, Year 3. Accounts Receivable$420,100? Retained Earnings 118,800? Inventories 58,490? Other Assets 69,490? Accounts Payable 350,100? Equipment 119,400? Cash 733,500? Common Stock 663,000? Notes Payable 269,080? Required: Prepare a balance sheet using these data.PURRFECT PETS, INC.Balance SheetJune 30, Year 3 ??????????????? ????????? ???????????
What will be an ideal response?
| PURRFECT PETS, INC. |
| Balance Sheet |
| June 30, Year 3 |
| Assets |
| Cash | $733,500? |
| Accounts Receivable | 420,100? |
| Inventories | 58,490? |
| Equipment | 119,400? |
| Other Assets | 69,490? |
| ? | ? |
| ? | ? |
| Total Assets | $1,400,980? |
| Accounts Payable | 350,100? |
| Notes Payable | 269,080? |
| ? | ? |
| ? | ? |
| Total Liabilities | 619,180? |
| Common Stock | 663,000? |
| Retained Earnings | 118,800? |
| ? | ? |
| ? | ? |
| Total Stockholders' Equity | 781,800? |
| Total Liabilities and Stockholders' Equity | $1,400,980? |
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