Question

An analysis of the transactions of Cavernous Homes Inc. yields the following totals at December 31, 2011: 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, 2011.


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  • CreatedSeptember 22, 2015
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