1 Balance Sheets Accel's Companies Balance Sheet May 31, 2018 and 2017 Assets Liabilities 2018 2017 2018 2017 13,200 10,300 23,500 Cash Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets Total Assets 2,400 $ 28,000 7,500 6,900 8,000 52,800 30,000 82,800 $ 900 Total Current Liabilities 9,000 Long-term Liabilities 5,200 Total Liabilities 8,600 1,500 Common Stock 25,200 Retained Earnings 29,000 Total Equity 54,200 Total Liabilities and Equity 28,000 $ 13,900 41,900 Stockholders' Equity 11,000 29,900 40,900 82,800 $ 11,000 19,700 30,700 54,200 Print Done