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Please calculate 2020,2021,2022 common sized and leave formula. PROJECTED BALANCE SHEETS Common Sized Opening 2020 2021 2022 2020 2021 2022 ASSETS Current Assets Cash $
Please calculate 2020,2021,2022 common sized and leave formula.
| PROJECTED BALANCE SHEETS | Common Sized | ||||||||
| Opening | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash | $ 125,000 | $ 125,000 | $ 125,000 | $ 125,000 | |||||
| Accounts Recievable | 89,260 | 115,452 | 152,877 | ||||||
| Inventory | 30,736 | 28,863 | 38,219 | ||||||
| Prepaid and Other Assets | 219 | 274 | 329 | ||||||
| Total Current Assets | 245,215 | 269,589 | 316,425 | ||||||
| Long Lived Assets | |||||||||
| Property, Plant and Equipment | 500 | 550 | 750 | ||||||
| Accumulated Depreciation | (320) | (431) | (577) | ||||||
| Net P,P&E | 180 | 119 | 173 | ||||||
| TOTAL ASSETS | $ 245,395 | $ 269,708 | $ 316,598 | ||||||
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Principles Of External Auditing
Authors: Brenda Porter, Jon Simon, David Hatherly
2nd Edition
470842973, 470842970, 978-0470842973
