Assets Kessenich Company Comparative Balance Sheet December 31 2020 2019 Current Assets Cash $395 $415 Accounts Receivable $125 $ 105 Total Current Assets $520 $520 Equipment $ 460 $360 Land $375 $375 Total Assets $1,355 $1,255 Liabilities Current Liabilities Accounts Payable $120 $ 100 Note Payable, short term $300 $230 Total Current Liabilities $420 $330 Note Payable, Long-term $65 $35 Total Stockholders' Equity Total Liabilities Stockholders' Equity Common Stock Retained Earnings Total Liabilities & Stockholders' Equity $485 $365 $835 $ 835 $35. $55 $ 870 $890 $1,355 $1,255