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A comparative balance sheet for Bramble Company appears below: BRAMBLE COMPANY Comparative Balance Sheet Assets Dec. 31, 2020 Dec. 31, 2019 Cash Accounts receivable
A comparative balance sheet for Bramble Company appears below: BRAMBLE COMPANY Comparative Balance Sheet Assets Dec. 31, 2020 Dec. 31, 2019 Cash Accounts receivable $43,000 $15,500 27,000 17,500 Inventory Prepaid expenses Long-term investments 34,000 21,500 10,500 18,000 26,000 Equipment 73,500- 37,500 Accumulated depreciation-equipment (29,000) (19.500) Total assets $159,000 $116,500 Liabilities and Stockholders' Equity Accounts payable $26,000 $11,500 Bonds payable 40,500 54,000
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