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Complete the comparative income statement and balance sheet for Logic Company. (Input all answers as positive values except decrease answers which should be indicated by
Complete the comparative income statement and balance sheet for Logic Company. (Input all answers as positive values except decrease answers which should be indicated by a minus sign. Round your "percent" answers to the nearest hundredth percent.)
Current assets: Cash $ 13,300 $ Accounts receivable 17,800 9,800 25,300 10,300 13,800 15,300 11,300 $ 66,200 $ 50,700 Merchandise inventory Prepaid expenses Total current assets Plant and equipment: Building (net) Land Total plant and equipment Total assets Liabilities $ 15,800 $ 12,300 10,300 22,600 73,300 14,800 30,600 96,800 $ $ $ $ $ $ 8,200 14,300 8,200 22,500 6,300 14,500 $ $ Current liabilities: Accounts payable Salaries payable Total current liabilities Long-term liabilities: Mortgage note payable Total liabilities Stockholders' Equity Common stock 23,300 45,800 21,800 36,300 $ $ $ 22,300 $ 22,200 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 28,700 51,000 96,800 $ 14,800 37,000 73,300 $ $
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