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Prepare a November 30th balance sheet for Lulus Construction Company from the following alphabetical list...

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Accounting

Prepare a November 30th balance sheet for Lulus Construction Company from the following alphabetical list (use all items) of the accounts at November 30; what is Lulus Capital? Accounts receivable, net $10,000. Accounts / trade payables 18,000. Building, net 28,000. Cash and cash equivalents 8,000. Notes payable 45,000. Office equipment, net 12,000. Vans and trucks 55,000. What is Lulus Construction Companys Capital on November 30th?

I think the capital amount is 50k is this correct?

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