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Balance Sheet An analysis of the transactions of Cavernous Homes Inc. yields the following totals at December 31: cash, $3,200; accounts receivable, $4,500; notes
Balance Sheet An analysis of the transactions of Cavernous Homes Inc. yields the following totals at December 31: cash, $3,200; accounts receivable, $4,500; notes payable, $5,000; supplies, $8,100; common stock, $7,000; and retained earnings, $3,800. Required: Prepare a balance sheet for Cavernous Homes Inc. at December 31. Cavernous Homes Inc. Balance Sheet December 31 Assets U Total assets Liabilities Total liabilities Stockholders' Equity
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
