(Solved): prepare the companys budgeted balance sheet The management of Mecca Copy, a photocopying center loca ...

The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted balance sheet for next year: The beginning balance of retained earnings was $$\$34,000$$, net income is budgeted to be $$\$18,100$$, and dividends are budgeted to be $$\$4,100$$. Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated Wy a minus sign.) Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.)