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Balance sheet

The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and other financial statements to make several interpretations regarding the company's financial condition and performance.

Green Caterpillar Garden Supplies Inc. is a hypothetical company. Suppose it has the following balance sheet items reported at the end of its first yea of operation. For the second year, some parts are still incomplete. Use the information given to complete the balance sheets for Green Caterpillar Garden Supplies Inc. for the years ending December $31,$ Year $2$ and $1,$ respectively.

Green Caterpillar Garden Supplies Inc.

Balance Sheet

For the Year ended December $31$

$\backslash$table$[[,$Year $2,$Year $1,,$Year $2,$Year $1],[$Assets$,,,$Liabilities and equity,,$],[$Current assets:,,,Current liabilities:,,$],[$Cash and equivalents,grad,$$184,500,$Accounts payable,so$,$$$0$