Assets Monopoly Corporation Comparative Balance Sheet December 31, 2022 and 2021 2022 Cash Accounts receivable Inventories...

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Assets Monopoly Corporation Comparative Balance Sheet December 31, 2022 and 2021 2022 Cash Accounts receivable Inventories Prepaid rent Plant and equipment Less: accumulated depreciation Total assets 2021 $ 44,000 $ 28,000 A 32,000 B 70,000 2,500 2,000 224,000 200,000 (55,000) (40,000) $ 341,500 $ 292,000 Liabilities and Stockholders' Equity Accounts payable $ 38,000 $ 34,000 Accrued liabilities 10,000 12,000 Notes payable 130,000 150,000 Contributed capital 50,000 25,000 Retained earnings 113,500 71,000 Total liabilities and stockholders' equity $ 341,500 $ 292,000 Assets Monopoly Corporation Comparative Balance Sheet December 31, 2022 and 2021 2022 Cash Accounts receivable Inventories Prepaid rent Plant and equipment Less: accumulated depreciation Total assets 2021 $ 44,000 $ 28,000 A 32,000 B 70,000 2,500 2,000 224,000 200,000 (55,000) (40,000) $ 341,500 $ 292,000 Liabilities and Stockholders' Equity Accounts payable $ 38,000 $ 34,000 Accrued liabilities 10,000 12,000 Notes payable 130,000 150,000 Contributed capital 50,000 25,000 Retained earnings 113,500 71,000 Total liabilities and stockholders' equity $ 341,500 $ 292,000