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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. |
Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
please fill in the blanks! thank you!
BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Current assets Cash $ $ Accounts receivable 60,538 64,281 119,029 243,848 76,386 84,639 184,177 345,202 Inventory Total $ % $ $ $ 658,547 902,395 % % $ $ 589,878 935,080 $ % $ Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity 187,922 83,020 270,942 233,000 195,611 134,588 330,199 169,750 $ $ $ $ % $ % $ % 222,000 176,453 398,453 902,395 222,000 213,131 435,131 935,080 $ $ % % % $ $Step by Step Solution
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