Altona company, Accounting Basics

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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)

 


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