Maple Group Ltd Comparative Balance Sheet December 31, 2020 and 2019 Increase/(Decreas e) Particulars 2020 2019 Assets: Cash and cash equivalent 9,300 15,300 -6,000 Accounts Receivable 45,450 43,200 2,250 Inventories 102,000 109,700 -7,700 Fixed Assets, Net 142,300 94,300 48,000 Total Assets 299,050 262,500 36,550 Liabilities: Accounts Payable 25,600 26,600 -1,000 Accrued Liabilities 24,000 22,800 1,200 Long-Term Notes Payable Stockholder's Equity: 54,350 62,000 -7,650 Common Stock 140,300 131,400 8,900 Retained Earnings 54,800 19,700 35,100 Total Liabilities and 299,050 262,500 36,550 Stockholders' Equity

Maple Group Ltd Comparative Balance Sheet December 31, 2020 and 2019 Increase/(Decreas e) Particulars 2020 2019 Assets: Cash and cash equivalent 9,300 15,300 -6,000 Accounts Receivable 45,450 43,200 2,250 Inventories 102,000 109,700 -7,700 Fixed Assets, Net 142,300 94,300 48,000 Total Assets 299,050 262,500 36,550 Liabilities: Accounts Payable 25,600 26,600 -1,000 Accrued Liabilities 24,000 22,800 1,200 Long-Term Notes Payable Stockholder's Equity: 54,350 62,000 -7,650 Common Stock 140,300 131,400 8,900 Retained Earnings 54,800 19,700 35,100 Total Liabilities and 299,050 262,500 36,550 Stockholders' Equity

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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