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Question 3 of 4 View Policies Current Attempt in Progress The comparative balance sheets for Wildhorse Co. as of December 31 are presented below.
Question 3 of 4 View Policies Current Attempt in Progress The comparative balance sheets for Wildhorse Co. as of December 31 are presented below. Wildhorse Co. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $78,880 $52,200 Accounts receivable 58,000 67,280 Inventory 175,682 164,720 Prepaid expenses 17,725 24,360 Land 168,200 150,800 Buildings 232,000 232,000 Accumulated depreciation-buildings (69,600) (46,400 ) Equipment 261,000 179,800 Accumulated depreciation-equipment (52,200) (40,600) Total $869,687 $784,160
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