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10 2 points Some recent financial statements for Smolira Golf Corporation follow. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and
10 2 points Some recent financial statements for Smolira Golf Corporation follow. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Sales Cost of goods sold 2020 Depreciation SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities $32,653 $39,350 16,911 28,877 34,495 44,336 $ 84,059 $112,563 SMOLIRA GOLF CORPORATION 2021 Income Statement Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $441,099 $502,872 Total $525,158 $615,435 Total liabilities and owners' equity $ 531,750 377,294 AC COC 2020 $ 34,886 18,058 18,871 $71,815 $86,752 $ 110,000 2021 $ 343,343 $ 525,158 44,285 16,848 25,619 $ 55,000 $ 55,000 288,343 333,683 140,000 $ 388,683 615,435
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