Can anyone help me please?
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.