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Can you show the work on excel please its on Vertical Analysis 2019 2018 2019 2018 Assets Cash Accounts Receivable, Net Merchandise Inventory Supplies Prepaid
Can you show the work on excel please its on Vertical Analysis
2019 2018 2019 2018 Assets Cash Accounts Receivable, Net Merchandise Inventory Supplies Prepaid Rent Total Current Assets $65,000 $150,000 $135,000 $9,700 $30,000 $389,700 $80,000 $100,000 $70,000 $500 $10,000 $260,500 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipmen Total Property, Plant, and Equipment Total Assets $500,000 ($80,000) $420,000 $809,700 $240,000 ($90,000) $150,000 $410,500 Liabilities and Stockholders' Equity Current Liabilities: Accounts Payable Unearned Revenue Salaries Payable Federal Income Taxes Payable $150,000 $40,000 $40,000 $10,000 $40,000 $50,000 $30,000 $10,000 Total Current Liabilities $240,000 $130,000 0 Long Term Liabilities Note Payable Total Long-Term Liabilities Total Liabilities $130,000 $130,000 $370,000 0 $130,000 Stockholders' Equity: Common Stock, $1 Par Paid-In Capital in Excess of Par Retained Earnings Total Stockholders' Equity Total liability and Stockholders' Equity $170,000 $43,700 $226,000 $439,700 $809,700 $100,000 $0 $180,500 $280,500 $410,500Step by Step Solution
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