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having diffculty with figuring this out.. Question 6 of 6 0.27 / The comparative balance sheets for Metlock, Inc. as of December 31 are presented
having diffculty with figuring this out.. Question 6 of 6 0.27 / The comparative balance sheets for Metlock, Inc. as of December 31 are presented below. Metlock, Inc. Comparative Balance Sheets December 31 Assets 2022 Cash $ 66,640 Accounts receivable 49,000 Inventory 148,421 Prepaid expenses 14,974 Land 142,100 Buildings 196,000 Accumulated depreciation-buildings (58,800) Equipment 220,500 Accumulated depreciation-equipment (44,100) Total $734,735 2021 $ 44,100 56,840 139,160 20,580 127,400 196,000 (39,200) 151,900 (34,300) $662,480 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock, $1 par Retained earnings Total $43,835 294,000 196,000 200,900 $734,735 $ 35,280 294,000 156,800 176,400 $662,480 Additional information: Question 6 of 6
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