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Year 2 Year 1 Assets Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net

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Year 2 Year 1 Assets Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Loan to Hymans Company Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 202,320 228,000 319,000 9,000 758,320 639,000 165,900 473,100 48,000 $1,279,420 $ 51,100 143,000 282,000 18,000 494, 100 506,000 131,200 374,800 $868,900 $ 313,000 $252,000 44,000 52,000 85,500 80,900 442,500 384,900 203,000 102,000 645,500 486,900 331,000 287,000 302,920 95,000 633,920382,000 $1,279,420 $868,900 Prev 1 of 3 !! Next search o e Luz Year 2 Year 1 Assets Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Loan to Hymans Company Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 202,320 228,000 319,000 9,000 758,320 639,000 165,900 473,100 48,000 $1,279,420 $ 51,100 143,000 282,000 18,000 494, 100 506,000 131,200 374,800 $868,900 $ 313,000 $252,000 44,000 52,000 85,500 80,900 442,500 384,900 203,000 102,000 645,500 486,900 331,000 287,000 302,920 95,000 633,920382,000 $1,279,420 $868,900 Prev 1 of 3 !! Next search o e Luz

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