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Vaughn Manufacturing reported the following information for 2022. Assets Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Totals Vaughn Manufacturing
Vaughn Manufacturing reported the following information for 2022. Assets Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Totals Vaughn Manufacturing Comparative Balance Sheets December 31 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable 2022 $123,900 130,200 92,400 12,600 115,500 420,000 (44,100 ) 384,300 (58,800 ) $1,176,000 $90,300 2021 $75,600 46,200 -0- 8,400 147,000 420,000 (29,400 ) 142,800 (21,000 ) $789,600 $84,000 21.000 Change Increase/Decrease $48,300 Increase 84,000 Increase 92,400 Increase 4,200 Increase 31,500 Decrease -0- 14,700 Increase 241,500 Increase 37,800 Increase $6,300 Increase 21.000 Decrease
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