MGMT_7120 6 Question 8- HW3 - Connect Channel content - YouTube Stud zto.mheducation.com ext/map/index.html?_con%3Dcon&external_browser=0&launchUrl=http: Saved Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Current assets Cash 2$ 60,538 76,386 Accounts receivable 64,281 % 84,639 Inventory 119,029 184,177 Total 243,848 345,202 % Fixed assets Net plant and equipment 2$ 658,547 589,878 Total assets 902,395 935,080 % Liabilities and Owners' Equity Current liabilities Accounts payable 187,922 195,611 Notes payable 83,020 % 134,588 Total $4 270,942 24 330,199 Long-term debt 2$ 233,000 % 2$ 169,750 Owners' equity Common stock and paid-in surplus 2$ 222,000 222,000 Accumulated retained earnings 176,453 213,131 Total 24 2$ 398,453 2$ 435,131 Total liabilities and owners' equity 902,395 2$ 935,080 %%%一% %24 %24 %24 %24 %24 %24 %24 %24

MGMT_7120 6 Question 8- HW3 - Connect Channel content - YouTube Stud zto.mheducation.com ext/map/index.html?_con%3Dcon&external_browser=0&launchUrl=http: Saved Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Current assets Cash 2$ 60,538 76,386 Accounts receivable 64,281 % 84,639 Inventory 119,029 184,177 Total 243,848 345,202 % Fixed assets Net plant and equipment 2$ 658,547 589,878 Total assets 902,395 935,080 % Liabilities and Owners' Equity Current liabilities Accounts payable 187,922 195,611 Notes payable 83,020 % 134,588 Total $4 270,942 24 330,199 Long-term debt 2$ 233,000 % 2$ 169,750 Owners' equity Common stock and paid-in surplus 2$ 222,000 222,000 Accumulated retained earnings 176,453 213,131 Total 24 2$ 398,453 2$ 435,131 Total liabilities and owners' equity 902,395 2$ 935,080 %%%一% %24 %24 %24 %24 %24 %24 %24 %24

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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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