At December 31, 2018 , Wave Corporation has cash of $ 50 million, accounts receivable of $ 19 million, and long-term assets of $ 43 million. The company owes accounts payable of $ 23 million and has a long-term note payable of $ 30 million. Wave has common stock of $ 24 million and retained earnings of $ 35 million. Prepare Wave Corporation's balance sheet at December 31, 2018 , complete with its proper heading.
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Home » Business » At December 31, 2018 , Wave Corporation has cash of $ 50 million, accounts receivable of $ 19 million, and long-term assets of $ 43 million. The company owes accounts payable of $ 23 million and has a long-term note payable of $ 30 million.