Using the information provided to you for the new startup fast food restaurant,Restaurante Mexicano Con Sushicreate the opening Balance SheetYear
Use the Completed Balance Sheet to answer the following five questions
Opening Account Balances
The business currently holds a cash balance of
Company holds s worth of inventory
All appliances: estimated total value of
The business has $ in new vehicles
$ in Glassware and China
Restaurant is leased, and the first months of rent have been prepaid at the rate of month this is expense
Furniture and Fixtures, estimated value of $
The business has accumulated $ in accounts payable for fees and licensing, which we will pay next year.
New and approved will collect Bank Loan of $
