Carmon Inc.s December 31 balance sheets included the following data: Required Express the balance sheets in common-size
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Required
Express the balance sheets in common-size percents. Round calculations to two decimalplaces.
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2014 2013 2012 186,800 223,000 19,400 555,000 125,940 165,000 18,750 510,000 $890,000 $150,500 98,400 106,000 8,000 459,000 $745,000 S98,500 Prepaid expenses. Accounts payable.. Long-term notes payable secured by mortgages on plant assets... . Common shares (32,500 shares issued) S 257,800 195,000 325,000 258,200 205,000 325,000 209,500 $890,000 165,000 325,000 156,500 $745,000
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
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