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The Table Shows Financial Data for Purrfect Pets,Inc Required:
Prepare a Balance Sheet Using These Data

question 141

Essay

The table shows financial data for Purrfect Pets,Inc.as of June 30,Year 3.
 Accounts Receivable 419,200 Retained Earnings 117,900 Inventories 58,400 Other Assets 69,400 Accounts Payable 349,200 Equipment 118,500 Cash 732,600 Common Stock 662,100 Notes Payable 268,900\begin{array}{lr}\text { Accounts Receivable } & 419,200 \\\text { Retained Earnings } & 117,900 \\\text { Inventories } & 58,400 \\\text { Other Assets } & 69,400 \\\text { Accounts Payable } & 349,200 \\\text { Equipment } & 118,500 \\\text { Cash } & 732,600 \\\text { Common Stock } & 662,100 \\\text { Notes Payable } & 268,900\end{array} Required:
Prepare a balance sheet using these data.

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Definitions:

World Commodity Prices

The prices of raw materials and agricultural products that are traded on a global scale.

BTU

British Thermal Unit, a measure of heat energy used in the power, steam generation, heating, and air conditioning industries.

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