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Q5) Do Horizontal and Vertical analysis of the following Balance Sheet of Ali and Co. begin{tabular}{|l|c|c|} hline Assets & 2021 & 2020 hline Cash

image text in transcribed Q5) Do Horizontal and Vertical analysis of the following Balance Sheet of Ali and Co. \begin{tabular}{|l|c|c|} \hline Assets & 2021 & 2020 \\ \hline Cash & 55,000 & 49,000 \\ \hline Closing stock & 5,000 & 11,000 \\ \hline Plant and Machinery & 6,000 & 3,000 \\ \hline Building & 35,000 & 25,000 \\ \hline Total Assets & 60,000 & 50,000 \\ \hline Labilities and Owner Equity & 161,000 & 138,000 \\ \hline Account payable & \multicolumn{1}{|l|}{} \\ \hline Notes payable & 18000 & 12000 \\ \hline Bank loan & 20000 & 11000 \\ \hline Capital & 28000 & 30000 \\ \hline Total labilities and owner equity & 161,000 & 85000 \\ \hline \end{tabular}

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