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9:13 PS. HW 7 - Chapter 16.pdf - Saved TINTZnalary E3B. ACCOUNTING CONNECTION Compute the amount and percentage changes for Mason Company's comparative balance sheets,
9:13 PS. HW 7 - Chapter 16.pdf - Saved TINTZnalary E3B. ACCOUNTING CONNECTION Compute the amount and percentage changes for Mason Company's comparative balance sheets, and comment on the changes from 2013 to 2014. (Round to one decimal place.) Mason Company Comparative Balance Sheets December 31, 2014 and 2013 2014 2013 Assets Current assets Property, plant, and equipment (net) Total assets $ 18,600 109,464 $128,064 $ 12,800 97,200 $110,000 Liabilities and Stockholders' Equity Current liabilities $ 11,200 Long-term liabilities 35,000 Stockholders' equity 81,864 Total liabilities and stockholders' equity $128,064 $ 3,200 40,000 66,800 $110,000
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