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December 31, 2022 $124,000 394,965 87,827 December 31, 2021 $100,000 335,000 71,000

December 31, 2022 $124,000 394,965 87,827 December 31, 2021 $100,000 335,000 71,000

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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Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2022 $124,000 394,965 87,827 128,920 165,984 136,234 December 31, 2021 $100,000 335,000 71,000 2022 88,000 Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (Enter negative amounts and percentages usi either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) 114,000 162,000 2021 BONITA INC. Condensed Balance Sheet's December 31 Amount Increase or (Decrease) Percentage
Transcribed Image Text:Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2022 $124,000 394,965 87,827 128,920 165,984 136,234 December 31, 2021 $100,000 335,000 71,000 2022 88,000 Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (Enter negative amounts and percentages usi either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) 114,000 162,000 2021 BONITA INC. Condensed Balance Sheet's December 31 Amount Increase or (Decrease) Percentage
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