The following financial data are for the dental practice of dr. donna wells when she began operations in july.
1. owes $21,000 to the allen equipment company.
2. has cash balance of $15,500.
3. has dental supplies of $5,650.
4. owes $6,180 to contemporary furniture supply.
5. has dental equipment of $28,550.
6. has office furniture of $10,000.
a) determine the amounts that would appear in dr. wells' balance sheet.