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Presented below is the comparative balance sheet for Sweet Company. Sweet Company Comparative Balance Sheet As of December 31, 2021 and 2020 December 31 2021
Presented below is the comparative balance sheet for Sweet Company.
Sweet Company Comparative Balance Sheet As of December 31, 2021 and 2020 | ||||||
---|---|---|---|---|---|---|
December 31 | ||||||
2021 | 2022 | |||||
Assets | ||||||
Cash | $181,200 | $275,000 | ||||
Accounts receivable (net) | 220,300 | 154,600 | ||||
Short-term investments | 269,700 | 151,100 | ||||
Inventories | 1,066,400 | 983,600 | ||||
Prepaid expenses | 25,100 | 25,100 | ||||
Plant & equipment | 2,568,500 | 1,963,700 | ||||
Accumulated depreciation | (1,007,400) | (744,000) | ||||
$3,323,800 | $2,809,100 | |||||
Liabilities and Stockholders Equity | ||||||
Accounts payable | $49,800 | $75,200 | ||||
Accrued expenses | 169,800 | 198,900 | ||||
Bonds payable | 448,900 | 188,500 | ||||
Capital stock | 2,095,700 | 1,797,400 | ||||
Retained earnings | 559,600 | 549,100 | ||||
$3,323,800 | $2,809,100 |
Prepare a comparative balance sheet of Sweet Company showing the percent each item is of the total assets or total liabilities and stockholde SWEET COMPANY Comparative Balance Sheet December 31, 2021 and 2020 December 31 Assets 2021 2020 Cash $181.200 $275,000 Accounts receivable (net) 220,300 154.600 Short-term investments 269,700 151,100 Inventories 1,066,400 983,600 Prepaid expenses 25.100 25,100 Plant and equipment 2,568,500 1.963,700 Accumulated depreciation (1,007,400) (744.000) Total $3.323.800 % $2.809.100 Liabilities and Stockholders' Equity Accounts payable $49.800 $75,200 Accrued expenses 169.800 198.900 Bonds payable 448.900 188,500 XX. XXX 1 Capital stock 2,095,700 % 1.797,400 Retained earnings 559.600 549.100 Total $3,323.800 % $2.809.100 e Textbook and Media Prepare a comparative balance sheet of Sweet Company showing the dollar change and the percent change for each item. (If there is a decrease fr SWEET COMPANY Comparative Balance Sheet December 31, 2021 and 2020 December 31 Increase or (Decrease) 2021 2020 $Change % Change Assets Prepare a comparative balance sheet of Sweet Company showing the dollar change and the percent change for each item. (If there is a decre SWEET COMPANY Comparative Balance Sheet December 31, 2021 and 2020 Increase or (Decrease) Assets $ Change % Change Cash December 31 2021 2020 $181,200 $275,000 220,300 154,600 269,700 151.100 $ * Accounts receivable (net) * * Investments Inventories 1,066,400 983.600 * * Prepaid expenses * Plant and equipment 25,100 2,568,500 (1,007,400 ) $3.323,800 25,100 1.963,700 (744,000) $2.809,100 Accumulated depreciation de Total se Liabilities and Stockholders' Equity Accounts payable $49,800 $75,200 $ Accrued expenses 169,800 198.900 re Bonds payable 448.900 Capital stock 188,500 1.797.400 549.100 2,095,700 559.600 * * Retained earnings Total $3,323,800 $2,809,100 * e Textbook and Media Save for Later Previous
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