Prepare a balance sheet on December 31, classifying and ordering all balance sheet accounts in the proper sections. Davis Company Balance Sheet December 31 Assets Cash $ 48,800 Accounts Receivable $ 29,900 $ 14,000 Supphes Prepaid Rent $ 10,200 Total Assets $ 102,900 Liabilities $ 49,000 Accounts Payable Deferred Revenue $ 14,200 63.200 Total Liabilities Owner's Equity $ 39,700 Capital 39.700 Total Owner's Equity 5 102.900 Total Liabilities and Owner's Equity