PREPARING A BALANCE SHEET.

Using the information provided below, prepare a balance sheet for Keetahs Innovations
Using the format shown in the sample balance sheet you were given. Use the date June 30th 2019.
List her assets in order of the most liquid (easiest to convert into cash) to least liquid (hint - There are 2 assets out of

Keetahs Assets are:

Supplies $200.00
Equipment $5,000.00
Automobile $10 000.00
Bank Accounts $3,500

She owes the bank $5300 for her van and Squamish Stationery Ltd. $200 for supplies

Keetha Innovations
Balance Sheet
June ??, 201??

Assets Liabilities
Supplies $200 Bank Loan $5,300
Bank Accounts $3,500 Accounts Payable $200
Automobile 10,000 Total Liabilities $5,500
Equipment $5,000

Owners Equity
Capital $13,200

Total Assets $18,700 Total Liabilities $18,700

and Owner Equity $18,700

These must balance

e 30th 2019.
(hint - There are 2 assets out of order)