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Blossom Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Assets Blossom
Blossom Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Assets Blossom Medical Comparative Balance Sheet As of December 31 2020 2019 Current assets Cash $366,000 $417,500 Accounts receivable, net 1,038,000 776,400 Inventory 733,000 681,000 Other current assets 381,400 247,000 Total current assets 2,518,400 2,121,900 Property, plant, & equipment, net 8,710,615 8,440,030 Total assets $11,229,015 $10,561,930
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
