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Please be accurate. Problem 24-4 Presented below is the comparative balance sheet for Sunland Company. SUNLAND COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2018
Please be accurate.
Problem 24-4 Presented below is the comparative balance sheet for Sunland Company. SUNLAND COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2018 AND 2017 December 31 2018 2017 Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Plant & equipment Accumulated depreciation $179,700$273,700 153,800 149,000 988,300 25,100 2,583,400 1,944,700 219,900 269,000 1,056,200 25,100 (993,200) (756,300) $3,340,100 $2,778,300 Liabilities and Stockholders' Equity Accounts payable Accrued expenses Bonds payable Capital stock Retained earnings $49,800 169,600 452,600 $75,000 198,600 191,400 2,093,100 1,760,400 552,900 $3,340,100 $2.778,300 575,000Step by Step Solution
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