Horizontal Analysis of the Balance Sheet Jim's Auto Body Jim's Auto Body Balance Sheet Balance Sheet As of April As of April 30, 2016 30, 2017 Assets: Asgets: Cash 101.800 Cash 145,000 Acct Receivable 20,000 Acct Receivable 34,000 PP In 1,100 PP In 1,100 Equipment 55,000 Equipment 62,000 Accu. Dep (500) Accu Dep. (750) Supplies 2,600 Supplies 2,300 Total Aggets 180.000 Total Assets 243.650 Liabilities and Liabilities and Stockholders' Equity Stockholders Equity Liabilities: Liabikries Accounts Payable 3,000 Accounts Payable 22,000 Salary Payable 3,000 Salary Payable 4,500 Total Liabilities 1 10.00 Total Liabilities 265.00 Stockholders Equity Stockholders Equity Common Stock 150,000 Common Stock 198,150 Retained Earnings 19,000 Retained Earnings 19,000 Total Stockholders Total Stockholders Equity 169.000 Equity 217.150 Total Liabilities & Total Liabilities & Stockholders' Equity 180,000 Stockholders' Equity 243.650