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Prepare a balance sheet dated December 31, 2019, for Canfield Enterprises based on the following...

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Accounting

Prepare a balance sheet dated December 31, 2019, for Canfield Enterprises based on the following transactions completed during 2019.

a) Marilyn Canfield invested $16,000 cash and equipment valued at $6,000 into the business.

b) Purchased $500 of supplies on account.

c) Purchased $2,000 of equipment for cash. d)

Purchased a building by issuing a $10,000 note.

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