Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow:

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Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow:

Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity. Round percentages to one decimal place.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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