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FORTEN COMPANY Comparative Balance Sheets December 3 1 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment Accumulated depreciation - Equipment Total assets

FORTEN COMPANY
Comparative Balance Sheets December 31
Assets
Cash
Accounts receivable
Inventory
Prepaid expenses
Total current assets
Equipment
Accumulated depreciation-Equipment
Total assets
Liabilities and Equity
Accounts payable
Short-term notes payable
Total current liabilities
Long-term notes payable
Total liabilities
Equity
Common stock, $5 par value
Paid-in capital in excess of par, common stock
Retained earnings
Total liabilities and equity
\table[[Current Year,Prior Year],[49,800,$73,500
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