Chapter 4, Problem 11Q

To determine

Balance sheet:

A balance sheet is a financial statement consists of the assets, liabilities, and the stockholder’s equity of the company. The balance of the assets account must be equal to that of the liabilities and the stockholder’s equity account.

Depreciation:

Depreciation is the process of continuous reduction of the costs of the plants, and equipment’s from the fixed value of the assets over a period of time. This may be due to the use of the assets over its lifetime.

To indicate: The given data in the form of balance sheet.