use the information to make a common size balance sheet

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

use the information to make a common size balance sheet

Assets
Cash
Marketable Securities
Accounts Receivable
Inventory
Total Current Assets
Gross Plant & Equipment
Accumulated Depreciation
Net Plant & Equipment
Total Assets
Liabilities and Owners' Equity
Accounts Payable
Notes Payable
Other Current Liabilities
Total Current Liabilities
Long-term Debt
Total Liabilities
Common Stock (Incl. Paid-in Capita
Retained Earnings
Total Shareholder's Equity
Total Liabilities and Owners' Equity
2022
283,792
207,445
532,243
515,561
1,539,040
9,521,262
2,157,614
7,363,648
8,902,688
2,022
578,805
204,728
60,339
843,872
5,580,876
6,424,748
1,935,810
542,130
2,477,940
8,902,688
2021
253,152
53,080
462,757
93,829
862,818
8,089,280
1,958,036
6,131,244
6,994,062
2,021
437,539
53,950
48,379
539,869
4,814,245
5,354,114
1,250,694
389,254
1,639,948
6,994,062
Transcribed Image Text:Assets Cash Marketable Securities Accounts Receivable Inventory Total Current Assets Gross Plant & Equipment Accumulated Depreciation Net Plant & Equipment Total Assets Liabilities and Owners' Equity Accounts Payable Notes Payable Other Current Liabilities Total Current Liabilities Long-term Debt Total Liabilities Common Stock (Incl. Paid-in Capita Retained Earnings Total Shareholder's Equity Total Liabilities and Owners' Equity 2022 283,792 207,445 532,243 515,561 1,539,040 9,521,262 2,157,614 7,363,648 8,902,688 2,022 578,805 204,728 60,339 843,872 5,580,876 6,424,748 1,935,810 542,130 2,477,940 8,902,688 2021 253,152 53,080 462,757 93,829 862,818 8,089,280 1,958,036 6,131,244 6,994,062 2,021 437,539 53,950 48,379 539,869 4,814,245 5,354,114 1,250,694 389,254 1,639,948 6,994,062
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education