Alngnmeht XYZ Plumbing - Balance Sheet 2016 2017 2016 2017 ASSETS Cash A/R Inventory Pre-paid expenses LIABILITIES 1000,000 2530,000 Accounts Payable ,000,000 500,000 Notes Payable 2000,000 2300,000 Current portion of LTD 00,0001,303,000 ,500,000 1000,000 1,000,000 1,000,000 520,000 ,500,000 3,823,000 00,000670,000 Accrued Liablities 500,000 7,000,000 Total Current Liabilities 00,000 0 Total Current Assets 2 Building and Improvements 15.000,000 5000,000 Long-Term Debt ,000,000 12,000,000 3 Equipment 4 ,000,000 7,000,000 20,000,000 2000,000 Stockholder's Equity Common Stock at Par 100,000 100,000 9900,000 9,900,000 00,0002,268,000 Total Stockholder's Equity 10,500,000 12268,000 6 Depreciation 17 Net PP&E 00,000 1,000,000 Paid in Capital 19500,000 21,000,000 Retained Earnings 19 20 Total Assets 21 24,000,000 28,000,000 Total Liabilities+ Equity 24 000,000 28,091,000 Sheet1 Press ESC to cancel Copy Type here to search