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Annette Gonzalez has applied for a short term business line of credit for her sandwich shop. She has been asked to submit a variety of financial...
Annette Gonzalez has applied for a short term business line of credit for her sandwich shop. She has been asked to submit a variety of financial statements, both personal and business.The one she needs help with is her business balance sheet. She has provided you with a list of her accounts and needs them put into the appropriate categories. Then she needs you to determine her equity. Keep in mind the accounting equation: Assets = Liabilities + Owner’s Equity.Click the link below to download the balance sheet, then fill it out using the account listing and submit this document as your assignment for this module.