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Current Attempt in Progress Presented below is the comparative balance sheet for Cheyenne Company Cheyenne Company Comparative Balance Sheet As of December 31, 2021 and
Current Attempt in Progress Presented below is the comparative balance sheet for Cheyenne Company Cheyenne Company Comparative Balance Sheet As of December 31, 2021 and 2020 December 31 2021 2022 Assets Cash $180,100 $277,000 Accounts receivable (net) 221,800 155,500 Short-term investments 270,000 151,500 Inventories 1,070,000 974,800 Prepaid expenses 25,200 25,200 Plant & equipment 2,577,000 1,967,200 Accumulated depreciation (1,007,100) (753,900) $3,337,000 $2,797,300 Liabilities and Stockholders' Equity Accounts payable Accrued expenses Bonds payable Capital stock Retained earnings $49,500 169,900 453,000 2,100,400 564,200 $3,337,000 $74,400 200,200 189.200 1,784,900 548,600 $2,797,300 Prepare a comparative balance sheet of Cheyenne Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, eg. 2.25%.) CHEYENNE COMPANY Comparative Balance Sheet December 31, 2021 and 2020 December 31 2021 Assets 2020 $180,100 % $277,000 % 221,800 % 155,500 % 270,000 % 151,500 % 1,070,000 % 974,800 % Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Plant and equipment Accumulated depreciation Total 25,200 % 25,200 % 2,577,000 % 1,967,200 % (1,007,100) % (753,900) % $3,337,000 % $2,797,300 % % $74,400 % % 200,200 % Liabilities and Stockholders' Equity Accounts $49,500 payable Accrued 169,900 expenses Bonds 453,000 payable Capital stock 2,100,400 Retained 564,200 earnings Total $3,337,000 % 189,200 % % 1,784,900 % % 548,600 % % $2,797,300 % H Prepare a comparative balance sheet of Cheyenne Company showing the dollar change and the percent change for each item. (If there is a decrease from 2020 to 2021, then enter the amounts and percentages with either a negative sign, i.e.-92,000, -25.25 or parenthesis, i.e.(92,000), (25.25).) CHEYENNE COMPANY Comparative Balance Sheet December 31, 2021 and 2020 December 31 2021 2020 $ Change $180,100 $277,000 Increase or (Decrease) % Change Assets % Cash Accounts receivable (net) Investments 221,800 155,500 % 270,000 151,500 % 1,070,000 974,800 % 25,200 25,200 % Inventories Prepaid expenses Plant and equipment Accumulated depreciation 2,577,000 1,967,200 % (1,007,100) (753,900) de Total $3,337,000 $2,797,300 $ % $74,400 % 200,200 % Liabilities and Stockholders' Equity Accounts $49,500 payable Accrued 169,900 expenses Bonds 453,000 payable Capital stock 2,100,400 Retained 564,200 earnings 189,200 % 1,784,900 % 548,600 % Total $3,337,000 $2,797,300 $ %
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