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View Policies Current Attempt in Progress Condensed financial data of Teal Mountain Inc. follow. Teal Mountain Inc. Comparative Balance Sheets December 31 Assets 2022
View Policies Current Attempt in Progress Condensed financial data of Teal Mountain Inc. follow. Teal Mountain Inc. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $177,760 $ 106,480 Accounts receivable 193,160 83,600 Inventory 247,500 226,270 Prepaid expenses 62,480 57,200 Long-term investments 303,600 239,800 Plant assets 627,000 533,500 Accumulated depreciation (110,000) (114,400 ) Total $1,501,500 $1,132,450 Liabilities and Stockholders' Equity Accounts payable $224,400 $ 148,060 Accrued expenses payable 36,300 46,200 Bonds payable 242,000 321,200 Common stock 484,000 385,000 Retained earnings 514,800 231,990 Total $1,501,500 $1,132,450
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