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SUDITI The 2018 accounting records of Wholesale, Inc., showed the following Cash, $7,700, Accounts receivable, net, 50, 100 Inventory $21,700, Prepaid expenses, $2.800; Plant
SUDITI The 2018 accounting records of Wholesale, Inc., showed the following Cash, $7,700, Accounts receivable, net, 50, 100 Inventory $21,700, Prepaid expenses, $2.800; Plant and equipment, net $28.700 Construct a vertical analysis of the asset section of Wholesale, Inc balance sheet for 2018 Asset Section, 2018 Assets Amount Percent Current assets Cash $ 7,700 Accounts receivable, net 9,100 Inventory 21,700 % 2,800 Prepaid expenses Total current assets Plant and equipment, nel 1 28,700 100 Total assets
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