The Kramer Company
Balance Sheet
Assets
Cash
Accounts Receivable
J. Crothers
R. Zack
Supplies
Furniture and
Equipment
Delivery Equipment
Total Assets
$1636
1100
370
1200
14700
20100
$39 106
Liabilities
Accounts Payable
Able Supply Company
C.P. Gregg
Bank Loan
Total Liabilities
Owner’s Equity
Kate Kramer, Capital
Total Liabilities an
Equity
$4740
3000
10 000
$17 740
21 366
$39 106