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Cornerstone Exercise 1-18 Balance Sheet An analysis of the transactions of Cavernous Homes Inc. yields the following totals at December 31, 2019: cash, $3,200, accounts

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Cornerstone Exercise 1-18 Balance Sheet An analysis of the transactions of Cavernous Homes Inc. yields the following totals at December 31, 2019: 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, 2019. Cavernous Homes Inc. Balance Sheet December 31, 2019 Assets Total assets o Liabilities Total liabilities Cavernous Homes Inc. Balance Sheet December 31, 2019 Assets Total assets Liabilities Total liabilities Stockholders' Equity. Total stockholders' equity Total liabilities and stockholders' equity

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