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Some recent financial statements for Earl Grey Golf Corp, follow. EARL GREY GOLF CORP. 2017 and 2018 Statement of Financial Position. Current assets Cash
Some recent financial statements for Earl Grey Golf Corp, follow. EARL GREY GOLF CORP. 2017 and 2018 Statement of Financial Position. Current assets Cash Accounts receivable Inventory Total Assets 2017 Liabilities and Owners' Equity 2018 2017 Current liabilities $ 24,046 12,448 25,392 $ 24,255 Accounts payable $ 61,886 $ 66,645 15,235 27,155 $324,695 $365,734 $386,581 $432,379 Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings - Total Total liabilities and owners' equity $ 23,184 12,000 11,571 $ 46,755 $60,000 $ 40,000 219,526 $259,826 2018 $ 27,420 10,800 15,553 $53,773 $ 95,000 $ 40,000 243,606 $283,606 $386,581 $432,379 Fixed assets Net plant and equipment Total assets Sales EARL GREY GOLF CORP. 2018 Statement of Comprehensive Incose Cost of goods sold Depreciation Earnings before Interest and tax Interest paid Taxable income Taxes (35%) fet income $366,996 253,122 32,220 $41,654 14,300 $67,354 23.574 $ 43,700
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