=+VENDCO, INC. Balance Sheet December 31, 2008 Assets Current assets $ 2,350,000 Property, plant, and equipment 5,150,000
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=+VENDCO, INC.
Balance Sheet December 31, 2008 Assets Current assets $ 2,350,000 Property, plant, and equipment 5,150,000 Total assets $ 7,500,000 Liabilities and Stockholders’ Equity Liabilities $ 2,000,000 Common stock, $5 800,000 Paid-in capital in excess of par 80,000 Retained earnings 4,620,000 Total liabilities and stockholders’ equity $ 7,500,000
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