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Will rate, please help Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 common-size balance sheets
Will rate, please help
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Current assets Cash $ 70,322 % $ 88,509 % Accounts receivable 66,281 % 86,639 % Inventory 114,322 % 178,920 % Total $ 250,925 % $ 354,068 % Fixed assets Net plant and equipment $ 658,947 % $ 590,078 % Total assets $ 909,872 % $ 944,146 % Liabilities and Owners' Equity Current liabilities Accounts payable $ 185,922 % $ 193,611 % Notes payable 81,020 % 132,588 % Total $ 266,942 % $ 326,199 % $ 229,000 % $ 165,750 % Long-term debt Owners' equity Common stock and paid-in surplus $ 226,000 % $ 226,000 % Accumulated retained earnings 187,930 % 226,197 % Total $ 413,930 % $ 452,197 % Total liabilities and owners' equity $ 909,872 % $ 944,146 %Step by Step Solution
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