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Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $343.00 $307.00 Inventory $344.00 $236.00 Total $732.00 $593.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,732.00 $1,793.00
Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $343.00 $307.00 Inventory $344.00 $236.00 Total $732.00 $593.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,732.00 $1,793.00 Liabilities Accounts 2021 2022 Accounts Payable $201.00 $170.00 Notes Payable $150.00 $125.00 Total $351.00 $295.00 Long-Term Debt $500.00 $750.00 Common Stock $400.00 $400.00 Retained Earnings $481.00 $348.00 Total Liabilities $1,732.00 $1,793.00 Sales Accounts 2021 2022 Sales $3,041.00 Cost of Goods Sold $2,432.80 Depreciation $200.00 EBIT $408.20 Interest $40.00 Taxes $163.28 Net Income $204.92
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