EX 4-13 Balance sheet OBJ.2 ce List the errors you find in the following balance sheet. Prepare a...

EX 4-13 Balance sheet OBJ.2 ce List the errors you find in the following balance sheet. Prepare a corrected balance sheet. Labyrinth Services Co. Balance Sheet For the Year Ended August 31, 2016 Assets Liabilities Current assets Current liabilities: Accounts payable 31,300 6,500 6,600 Accum. depr-building... 155,000 Accum. depr-equipment 25,000 Net income 118,200 Land $339,600 Total current assets … and equipment: Equipment. $297.900 Property, plant, Owner's Equity Wages payable 6,500 Ruben Daniel, capital.587.200 Total owners equity Total liabilities and 97,000 Total property, plant, 593,700 635,400 $933,300 Total assets owner's equity $933,300