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MARS TRADING COMPANY Balance Sheet Comparison 31-Dec-21 Assets 2019 2020 Cash $37.000 $20.000 Account Receivable 33.000 14.000 Inventory 30.000 20.000 Accumulated depreciation - equipment
MARS" TRADING COMPANY Balance Sheet Comparison 31-Dec-21 Assets 2019 2020 Cash $37.000 $20.000 Account Receivable 33.000 14.000 Inventory 30.000 20.000 Accumulated depreciation - equipment (29.000) (24.000) Equipment 60.000 78.000 Total $131.000 $108.000 Equity and Liabilities Tax Payable Account Payable $7.000 $8.000 29.000 15.000 Bonds Payable 27.000 33.000 Retained Earnings 50.000 38.000 Share Capital Ordinary 18.000 14.000 Total $131.000 $108.000
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Financial Accounting
Authors: Charles Horngren, William Thomas, Walter Harrison, Greg Berberich, Catherine Seguin
5th Canadian edition
133472264, 978-0133446265, 133446263, 978-0133472264
