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Balance Sheet

An analysis of the transactions of Cavernous Homes Inc. yields the following totals at December $31$ : cash, $$2,900$; accounts receivable, $$4,500$; notes payable, $$3,000$; supplies, $$8,100$; common stock, $$8,500$; and retained earnings, $$4,000.$

Required:

Prepare a balance sheet for Cavernous Homes Inc. at December $31.$

Cavernous Homes Inc.

Balance Sheet

December $31$

Assets

$ $q,$

$$

$q,$

$q,$

Total assets $$

Liabilities

$$

$q,$

Total liabilities

$

Stockholders' Equity.

$ $q,$

$q,$

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Required:

Prepare a balance sheet for Cavernous Homes Inc. at December $31.$

Cavernous Homes Inc. Balance Sheet December $31$

Assets

$q,$

$q,$

$$

Total assets

$$

$q,$

$q,$

$q,$

$q,$

Assets $q,=$$

Liabilities $$

Total liabilities

$$

$$ $$,$

$$

$$

$$

$$

Stockholders' Equity.

Total stockholders' equity

Total liabilities and stockholders' equity $$

All work saved.