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Condensed financial data of Cheng Inc. follow. CHENG INC. Comparative Balance Sheets December 31 Assets 2014 2013 Cash $89,170 $47,540 Accounts receivable 91,500 32,060 Inventory
Condensed financial data of Cheng Inc. follow.
CHENG INC. Comparative Balance Sheets December 31 | ||||||
Assets | 2014 | 2013 | ||||
Cash | $89,170 | $47,540 | ||||
Accounts receivable | 91,500 | 32,060 | ||||
Inventory | 111,630 | 102,800 | ||||
Prepaid expenses | 28,940 | 25,550 | ||||
Investments | 137,650 | 113,900 | ||||
Equipment | 269,980 | 241,570 | ||||
Accumulated depreciation |
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