Presented below is the comparative balance sheet for Coronado Company. Coronado Company Comparative Balance Sheet As...
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Presented below is the comparative balance sheet for Coronado Company. Coronado Company Comparative Balance Sheet As of December 31, 2021 and 2020 December 31 2021 2022 Assets Cash $178,800 $273,000 Accounts receivable (net) 222,200 153,500 Short-term investments 267,500 150,200 Inventories 1,068,200 977,000 Prepaid expenses 25,200 25,200 Plant & equipment 2,582,500 1,943,500 Prepaid expenses 25,200 25,200 Plant & equipment 2,582,500 1,943,500 Accumulated depreciation (990,800) (748,300) $3,353,600 $2,774,100 Liabilities and Stockholders' Equity Accounts payable $49,500 $75,500 Accrued expenses 170,500 199,600 Bonds payable 454,200 191,900 Capital stock 2,094,200 1,776,600 Retained earnings 585,200 530,500 $3,353,600 $2,774,100 Prepare a comparative balance sheet of Coronado Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, e.g. 2.25%.) CORONADO COMPANY Comparative Balance Sheet December 31, 2021 and 2020 Assets 2021 December 31 2020 Cash $178,800 % $273,000 aR Accounts 222,200 % 153,500 receivable (net)) Short-term 267,500 % 150,200 % investments Inventories 1,068,200 de 977,000 % Cash $178,800 % $273,000 Accounts 222.200 % 153,500 receivable (net) Short-term 267,500 % 150,200 investments Inventories 1,068,200 % 977,000 de ex Prepaid expenses 25,200 % 25,200 % Plant and 2,582,500 % 1,943,500 % de equipment Accumulated (990,800 ) % (748,300) % depreciation Total $3,353,600 % $2,774,100 96 Total $3,353,600 Liabilities and Stockholders' Equity % $2,774,100 % Accounts payable $49,500 % $75,500 .96 Accrued expenses 170,500 % 199,600 % Bonds payable 454,200 % 191.900 Capital stock 2,094,200 % 1,776,600 xe de se de % % Retained 585,200 96 530,500 % earnings Total $3,353,600 % $2,774,100 de Presented below is the comparative balance sheet for Coronado Company. Coronado Company Comparative Balance Sheet As of December 31, 2021 and 2020 December 31 2021 2022 Assets Cash $178,800 $273,000 Accounts receivable (net) 222,200 153,500 Short-term investments 267,500 150,200 Inventories 1,068,200 977,000 Prepaid expenses 25,200 25,200 Plant & equipment 2,582,500 1,943,500 Prepaid expenses 25,200 25,200 Plant & equipment 2,582,500 1,943,500 Accumulated depreciation (990,800) (748,300) $3,353,600 $2,774,100 Liabilities and Stockholders' Equity Accounts payable $49,500 $75,500 Accrued expenses 170,500 199,600 Bonds payable 454,200 191,900 Capital stock 2,094,200 1,776,600 Retained earnings 585,200 530,500 $3,353,600 $2,774,100 Prepare a comparative balance sheet of Coronado Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, e.g. 2.25%.) CORONADO COMPANY Comparative Balance Sheet December 31, 2021 and 2020 Assets 2021 December 31 2020 Cash $178,800 % $273,000 aR Accounts 222,200 % 153,500 receivable (net)) Short-term 267,500 % 150,200 % investments Inventories 1,068,200 de 977,000 % Cash $178,800 % $273,000 Accounts 222.200 % 153,500 receivable (net) Short-term 267,500 % 150,200 investments Inventories 1,068,200 % 977,000 de ex Prepaid expenses 25,200 % 25,200 % Plant and 2,582,500 % 1,943,500 % de equipment Accumulated (990,800 ) % (748,300) % depreciation Total $3,353,600 % $2,774,100 96 Total $3,353,600 Liabilities and Stockholders' Equity % $2,774,100 % Accounts payable $49,500 % $75,500 .96 Accrued expenses 170,500 % 199,600 % Bonds payable 454,200 % 191.900 Capital stock 2,094,200 % 1,776,600 xe de se de % % Retained 585,200 96 530,500 % earnings Total $3,353,600 % $2,774,100 de
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