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2019 2018 Assets Current assets Property, plant, and equipment, net Intangibles Total assets P 407,000.00 544,500.00 148,500.00 প,100,000.00 P 440,000.00 495,000.00 220,000.00 P1,155,000.00 Liabilities and owner's equity Current liabilities Long-term liabilities P 231,000.00 786,500.00 P 264,000.00 825,000.00 Owner's capital 82 500.O0 66.000.00

2019 2018 Assets Current assets Property, plant, and equipment, net Intangibles Total assets P 407,000.00 544,500.00 148,500.00 প,100,000.00 P 440,000.00 495,000.00 220,000.00 P1,155,000.00 Liabilities and owner's equity Current liabilities Long-term liabilities P 231,000.00 786,500.00 P 264,000.00 825,000.00 Owner's capital 82 500.O0 66.000.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Make the horizontal analysis for 2019.

Make the vertical analysis for 2018 and 2019.

Assets 2019 2018 Current assets P 407,000.00 Property, plant, and equipment, net Intangibles Total assets P 440,000.00 495,000.00 220,000.00 P1,155,000.00 544,500.00 148,500.00 P1,100,000.00 Liabilities and owner's equity Current liabilities Long-term liabilities Owner's capital Total liabilities and owner's equity P 264,000.00 P 231,000.00 786,500.00 825,000.00 66,000.00 P1,155,000.00 82,500.00 P1,100,000.00
Transcribed Image Text:Assets 2019 2018 Current assets P 407,000.00 Property, plant, and equipment, net Intangibles Total assets P 440,000.00 495,000.00 220,000.00 P1,155,000.00 544,500.00 148,500.00 P1,100,000.00 Liabilities and owner's equity Current liabilities Long-term liabilities Owner's capital Total liabilities and owner's equity P 264,000.00 P 231,000.00 786,500.00 825,000.00 66,000.00 P1,155,000.00 82,500.00 P1,100,000.00
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