Problem # $5$

Franklin Company

Comparative Balance Sheets

December $31,2013$ and December $13,2014$

Assets

Cash

Accounts Receivable

Inventory

Prepaid Expenses

Land

Building

Accumulated Den$-$ Building

Equipment

Accumulated Depr $-$ Equipment

Patents

Total Assets

Liabilities & Stockholder's Equity

Accounts Payable

Notes Payable $($Current$)$

Accrued Liabilities

Mortgage Payable

Common Stock $$10$ par value

Additional paid in capital

Retained Earnings

Total Liabilities & S$/$E

$\backslash$table$[[2013,2014,$Difference$],[109,440,378,240,268,800],[301,720,409,720,108,000],[541,560,451,560,(90,000)$