XYZ Company

Balance Sheet

December $31,20$X$2$

Dec. $31,20$X$2$ Dec. $31,20$X$1$ Inc.$/$Dec$.$

Cash

Accounts Receivable

Inventories

Investments

Land

Equipment

Accumulated depreciation$-$

Equipment

Accounts payable

Accrued expenses

Dividends payable

Common stock

Paid$-$in capital in excess of par

Retained earnings

$\backslash$table$[[25,000,22,000],[30,000,10,000],[23,000,19,000],[15,000,40,000],[60,000,0],[88,000,54,000],[,],[(8,000),(5,000)$