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Matrah Company Comparative Condensed Statements of Financial Position December 31 2018 2017 85,000 Equipment Notes Payable Shareholders' Equity Building 30,000 140,000 13,500 138,000 67,000 110,000
Matrah Company Comparative Condensed Statements of Financial Position December 31 2018 2017 85,000 Equipment Notes Payable Shareholders' Equity Building 30,000 140,000 13,500 138,000 67,000 110,000 117,000 100,000 Cash 70,000 Accounts Payable 93,500 60,000 Using Horizontal Analysis, the total difference in amount for Equipment is: Select one O a. -55,000 O b. 50,000 c. 85,000 d. None of the answers are correct e. 50,000
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