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Blossom Company has these comparative balance sheet data: BLOSSOM COMPANY Balance Sheets December 31 2022 2021 Cash $ 15,300 $30,600 Accounts receivable (net) 71,400
Blossom Company has these comparative balance sheet data: BLOSSOM COMPANY Balance Sheets December 31 2022 2021 Cash $ 15,300 $30,600 Accounts receivable (net) 71,400 61,200 Inventory 61,200 51,000 Plant assets (net) 204,000 183,600 $351,900 $326,400 Accounts payable $51,000 $61,200 Mortgage payable (15%) 102,000 102,000 Common stock, $10 par 142,800 122,400 Retained earnings 56,100 40,800 $351,900 $326,400
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