4 1 of 3 S eBook Print eferences The accounting records of

Last updated: 8/23/2023

4 1 of 3 S eBook Print eferences The accounting records of Nettle Distribution show the following assets and liabilities as of December 31 for Year 1 and Year 2 December 31 Cash Accounts receivable Office supplies Office equipment Trucks Building Land Accounts payable Note payable Year 1 43 421 23 570 3 718 114 130 44 661 0 0 61 965 0 Balance Sheet Balance Sheet Year 1 Year 2 Year 2 6 561 18 479 2 723 121 570 53 661 148 880 37 151 30 733 86 031 Required 1 Prepare balance sheets for the business as of December 31 for Year 1 and for Year 2 Hint Report only total equity on the balance sheet and remember that total equity equals the difference between assets and liabilities Complete this question by entering your answers in the tabs below Prepare the balance sheet for the business as of December 31 for Year 1 Hint Report only total equity on the balance sheet and remember that total equity equals the difference between assets and liabilities NETTLE DISTRIBUTION Ch