Account Balance 12/31/2013 Balance 12/31/2014

Accumulated depreciation $4,234 $4,866

Accounts payable $2,900 $3,210

Accounts receivable $3,160 $3,644

Cash $1,210 $1,490

Common stock $4,778 $7,278

Inventory $4,347 $5,166

Long-term debt $3,600 $2,430

Plant, property, and equipment $8,675 $9,840

Retained earnings $1,880 $2,356

a.construct a balance sheet for 2013 and 2014.

b.list all the working capital accounts.

c.find the net working capital for the years ending 2013 and 2014.

d.calculate the change in net working capital for the year 2014.

a.construct a balance sheet for 2013 and 2014.

Complete the balance sheet for 2013 below:(Round to the nearest dollar.)

Athens Corporation
Balance Sheet as of December 31, 2013, and December 31, 2014
ASSETS	2013		2014		LIABILITIES	2013		2014
Current assets					Current liabilities
	$					$
	$				Total current liabilities	$
	$					$
Total current assets	$				Total liabilities	$
Fixed assets					OWNERS EQUITY
	$					$
	$					$
	$				Total owners equity	$
					TOTAL LIABILITIES AND
TOTAL ASSETS	$				OWNERS EQUITY	$

Complete the balance sheet for 2014 below:(Round to the nearest dollar.)

Athens Corporation
Balance Sheet as of December 31, 2013, and December 31, 2014
ASSETS	2013		2014		LIABILITIES	2013		2014
Current assets					Current liabilities
			$					$
			$		Total current liabilities			$
			$					$
Total current assets			$		Total liabilities			$
Fixed assets					OWNERS EQUITY
			$					$
			$					$
			$		Total owners equity			$
					TOTAL LIABILITIES AND
TOTAL ASSETS			$		OWNERS EQUITY			$

b.list all the working capital accounts.(Select the best response.)

A.

The working capital accounts are the current assets and total liabilities of the company.

B.

The working capital accounts are the current assets and current liabilities of the company.

C.

The working capital accounts are the current assets and fixed assets of the company.

D.

The working capital accounts are the current assets and long-term liabilities of the company.

c.find the net working capital for the years ending 2013 and 2014.

The net working capital for the year ending 2013 is

$nothing.

(Round to the nearest dollar.)The net working capital for the year ending 2014 is

$nothing.

(Round to the nearest dollar.)

d.calculate the change in net working capital for the year 2014.

The change in net working capital for the year 2014 is

$nothing.

(Round to the nearest dollar.)