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Rite Way Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets $ 22,000 $ Cash Accounts Receivable Merchandise
Rite Way Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets $ 22,000 $ Cash Accounts Receivable Merchandise Inventory 18,000 48,000 88,000 53,000 84,000 Long-term Assets Plant Assets Accumulated Depreciation-Plant Assets Investments 224,400 (37,400) 75,000 $ 486,000 $ 416,000 270,300 (42,300) 99,000 Total Assets Liabilities Current Liabilities: s 78,000 77,000 Accounts Payable Salaries Payable Long-term Liabilities: 4,500 7,000
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