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Problem 2-187 [LO 2-2] The company's total assets are $37,500. The following is a listing of the company's accounts and account balances as of December

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Problem 2-187 [LO 2-2] The company's total assets are $37,500. The following is a listing of the company's accounts and account balances as of December 31, Year 3. This company doesn't have any other accounts Accounts Payable Accounts Receivable Supplies Equipment Common Stock Cash Retained Earnings $ 7,300 8,000 1,300 23,500 10,000 Required a. Determine the balance of the Cash account Cash b. Determine the balance of the Retained Earnings account Retained Earnings

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