BRAINLIEST Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer questions 8 through 10 based on this balance sheet.



Accounts Payable

5,000



Long-term Notes Receivable

10,000

Accounts Receivable

15,000


Accrued Expenses

3,000

Cash

10,000


Short-term Notes Payable

7,000

Retained Earnings

2,000


Accumulated depreciation

2,000

Prepaid Expenses

3,000


Capital Stock

8,000

Supplies

7,000


10. What are the company’s total assets?

Question 10 options:

$10,000


$2000


$15000


$35000