RCES Assets Cash Supplies Equipment Dividends Total assets $16,240 3,000 55,680 10,440 $85,360 Balance Sheet December 31, 2019 Liabilities Accounts payable Accounts receivable Common stock Retained earnings Total liabilities and stockholders' equity $23,200 (9,860 ) 51,720 20,300 $85,360 Prepare a correct balance sheet. (List Assets in order of liquidity.) Study Larkspur, Inc. Balance Sheet December 31, 2019 Assets 16240 Accounts Receivable 9860 Supplies 3000 55680 Equipment 84780 T Total Assets Liabilities and Stockholders' Equity 23200 Liabilities Accounts Payable Stockholders' Equity Common Stock 51720 T Retained Earnings 20300 23200 T Total Stockholders' Equity 85360 T Total Liabilities and Stockholders' Equity