Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Prepare the 2021 and 2022 common-size balance sheets for Bethesda Mining. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Current assets Cash Accounts receivable Inventory Total Assets Fixed assets Net plant and uipment Total assets Current liabilities Liabilities and Owners' Equity Accounts payable Notes payable Total Long-term debt Owners' equity BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2021 % Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ $ $ $ $ $ $ $ 55,526 63,281 121,382 240,189 658,347 898,536 188,922 84,020 272,942 235,000 220,000 170,594 $ 390,594 $ 898,536 % $ 70,205 % 83,639 % 186,805 % 340,649 % $ % $' % % % % $ % % % % $ $ SALA $ $ 2022 $ $ 589,778 930,427. 196,611 135,588 332,199 171,750 220,000 206,478 426,478 930,427 % % % % % % % % % % % % % % %

Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Prepare the 2021 and 2022 common-size balance sheets for Bethesda Mining. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Current assets Cash Accounts receivable Inventory Total Assets Fixed assets Net plant and uipment Total assets Current liabilities Liabilities and Owners' Equity Accounts payable Notes payable Total Long-term debt Owners' equity BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2021 % Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ $ $ $ $ $ $ $ 55,526 63,281 121,382 240,189 658,347 898,536 188,922 84,020 272,942 235,000 220,000 170,594 $ 390,594 $ 898,536 % $ 70,205 % 83,639 % 186,805 % 340,649 % $ % $' % % % % $ % % % % $ $ SALA $ $ 2022 $ $ 589,778 930,427. 196,611 135,588 332,199 171,750 220,000 206,478 426,478 930,427 % % % % % % % % % % % % % % %

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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