The company's balance sheet will have Cash of $21,200.
A balance sheet is a financial statement that lists a company's assets, liabilities, and shareholder equity as of a particular date. For calculating investor return rates and assessing a company's capital structure, balance sheets serve as the foundation. A company's balance sheet, or statement of financial position, gives a quick overview of the assets and liabilities of the business as well as the amount of shareholder investment. In order to perform fundamental analysis or determine financial ratios, balance sheets can be used alongside other significant financial statements. A company's financial situation as at a particular point in time is outlined in the balance sheet. On its alone, it is unable to convey the trends that are manifesting over a longer time frame.
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