Question
Balance sheet. From the following balance sheet accounts in the popup window, LOADING... , a. construct a balance sheet for 2016 and 2017. b. list
Balance sheet. From the following balance sheet accounts in the popup window,
LOADING...
,
a. construct a balance sheet for
2016
and
2017.
b. list all the working capital accounts.
c. find the net working capital for the years ending
2016
and
2017.
d. calculate the change in net working capital for the year
2017.
Account Balance 12/31/2016 Balance 12/31/2017 Accumulated depreciation 2,014 2,673 Accounts payable 1,799 2,055 Accounts receivable 2,479 2,692 Cash 1,309 1,114 Common stock 4,995 4,995 Inventory 5,795 6,040 Long-term debt 7,793 8,210 Plant, property, and equipment 8,405 9,208 Retained earnings 1,387 1,121
Complete the balance sheet for
2016
below:(Round to the nearest dollar.)
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