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COMPANY CORPORATION BALANCE SHEET as of December 3 1 , 2 0 2 0 ASSETS CASH $ 1 2 6 , 0 0 0 2

COMPANY CORPORATION
BALANCE SHEET
as of December 31,2020
ASSETS
CASH $126,00028%
ACCOUNTS RECEIVABLE 72%
TOTAL ASSETS $ 100%
LIABILITIES
ACCOUNTS PAYABLE $76,50017%
NOTES PAYABLE 12%
TOTAL LIABILITIES 29%
EQUITY
TOTAL EQUITY $319,50071%
TOTAL LIABILITIES + EQUITY 100%
Based on the vertical analysis of the balance sheet above, the balance of total assets is __________.
a.)
$395,000
b.)
$194,450
c.)
$450,000
d.)
$324,450

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