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Prepare a comparative balance sheet of Marigold Company showing the dollar change and the percent change for each item. (If there is a decrease from

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Prepare a comparative balance sheet of Marigold Company showing the dollar change and the percent change for each item. (If there is a decrease from 2017 to 2018, then enter the amounts and percentages with either a negative sign, i.e. -92,000, -25.25 or parenthesis, i.e. (92,000), (25.25))

image text in transcribed

Prepare a comparative balance sheet of Marigold Company showing the dollar change and the percent change for each item. (If there is a decrease from 2017 to 2018, then enter the amounts and percentages with either a negative sign, i.e. -92,000, -25.25 or parenthesis, i.e. (92,000), (25.25))

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Problem 24-4 (Part Level Submission) Presented below is the comparative balance sheet for Marigold Company MARIGOLD 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 $180,800 219,700 270,100 1,049,800 24,900 2,573,200 $276,100 154,500 150,900 980,900 24,900 1,940,600 (993,100) $3,325,400 $2,776,300 (751,600) ties and Stockholders' Accounts payable Accrued expenses Bonds payable Capital stock Retained earnings $75,200 198,90O 188,100 1,782,700 531,400 $3,325,400 $2,776,300 $50,000 169,800 453,500 2,114,300 537,800

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