Complete the balance sheet.
-Data-Serve Computer Services: fixed assets $59,000; mortgages $36,000; accounts payable $19,000; notes payable $15,000; long-term notes $26,000; equity $60,000; cash $17,000; inventory $18,000;
Notes receivable $9,000; accounts receivable $53,000
A)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 96,000 Owner's Equity: 60,000; 156,000
B)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 15,000; 19,000; 34,000; 36,000; 26,000; 62,000; 96,000 Owner's Equity: 60,000; 156,000
C)Assets: 17,000; 9,000; 53,000; 97,000; 18,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 96,000 Owner's Equity: 60,000; 156,000
D)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 60,000 Owner's Equity: 96,000; 156,000

Question

Complete the balance sheet.
-Data-Serve Computer Services: fixed assets $59,000; mortgages $36,000; accounts payable $19,000; notes payable $15,000; long-term notes $26,000; equity $60,000; cash $17,000; inventory $18,000;
Notes receivable $9,000; accounts receivable $53,000 
A)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 96,000 Owner's Equity: 60,000; 156,000 
B)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 15,000; 19,000; 34,000; 36,000; 26,000; 62,000; 96,000 Owner's Equity: 60,000; 156,000 
C)Assets: 17,000; 9,000; 53,000; 97,000; 18,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 96,000 Owner's Equity: 60,000; 156,000 
D)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 60,000 Owner's Equity: 96,000; 156,000

Quizplus · Accepted Answer

The Answer of Complete the balance sheet.
-Data-Serve Computer Services: fixed assets $59,000; mortgages $36,000; accounts payable $19,000; notes payable $15,000; long-term notes $26,000; equity $60,000; cash $17,000; inventory $18,000;
Notes receivable $9,000; accounts receivable $53,000 
A)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 96,000 Owner's Equity: 60,000; 156,000 
B)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 15,000; 19,000; 34,000; 36,000; 26,000; 62,000; 96,000 Owner's Equity: 60,000; 156,000 
C)Assets: 17,000; 9,000; 53,000; 97,000; 18,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 96,000 Owner's Equity: 60,000; 156,000 
D)Assets: 17,000; 9,000; 53,000; 18,000; 97,000; 59,000; 156,000 Liabilities: 26,000; 19,000; 45,000; 36,000; 15,000; 51,000; 60,000 Owner's Equity: 96,000; 156,000

Complete the Balance Sheet