The following account balances were taken from the 2009 post-closing trial balance of the Bowler Corporation: cash, $5,000; accounts receivable, $10,000; inventory, $16,000; machinery and equipment, $100,000; accumulated depreciation—machinery and equipment, $40,000; accounts payable, $20,000; salaries payable, $12,000; retained earnings, $9,000; and common stock, $50,000. Prepare a 12/31/09 balance sheet.

Please refer to the attached file

Explanation:

Please refer to the attached file.

Note that Asset must equal equity plus liability

the earnings of a typical investor is around $1,000,000 to $10,000,000

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have a good day!

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