Moe's Company Comparative Balance Sheet Accounts 1. Equipment costing $73,000 was purchased during the year by issuing common stock shares at par and paying $13,000 in cash. 2. The company issued 1,000 shares common stock at par in exchange for land, and paid an additional $15,000 in cash. 3. In order to supplement its cash, Moe issued 2,000 shares of common stock at par value. 4. Cash dividends of $105,000 were declared and paid at the end of the year. MOE'S COMPANY COMPARATIVE BALANCE SHEET ACCOUNTS AT DECEMBER 31, 2025 AND 2024 ASSETS 20252024 CURRENT ASSETS Cash and cash equivalents Accounts Receivable Inventory Pre-paid expenses TOTAL CURRENT ASSETS LAND, BUILDING AND EQUIPMENT, NET Equipment, net Building, net Land, net TOTAL LAND, BUILDING AND EQUIPMENT, NET TOTAL ASSETS LIABILITIES AND STOCKHOLDER'S EQUITY CURRENT LIABILITIES Accounts Payable Income Tax Payable Interest payable TOTAL CURRENT LIABILITIES LONG TERM LIABILITIES Bonds payable TOTAL LIABILITIES Stockholders' equity Common stock, $10 par Retained eamings Total stockholders' equity TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY