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Glitter Inc Balance sheet NEIT. Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par
Glitter Inc Balance sheet NEIT. Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2020 $124,400 394,788 87,780 137,772 166,362 127.274 December 31, 2019 $100,000 334,000 70,000 85.000 119,000 159,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (459). Round percentages to I decimal place, e.g. 12.3%) GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) Percentage 2020 2019 Assets Current assets $124,400 $100,000 Plant assets (net) 394,788 334,000 Total assets $519,188 5434,000 Liabilities Current Babies $87,780 $70,000 Long-term liabilities 137,772 36,000 Total Habilities 225,552 156,000 Stockholders' Equity Common stock, 51 pm 166,362 119,000 Retained earnings 127,274 159,000 Total stockholders' equity 293,636 278,000 Total liabilities and stockholders' equity $519,188 $434,000
Glitter Inc Balance sheet
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