Question: CES Problem 12-11A The comparative balance sheets for Metlock, Inc. as of December 31 are presented below. Metlock, Inc. Comparative Balance Sheets December 31 2017
CES Problem 12-11A The comparative balance sheets for Metlock, Inc. as of December 31 are presented below. Metlock, Inc. Comparative Balance Sheets December 31 2017 2016 $97,648 64,620 83,288 203,912 30,156 Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Total 71,800 217,482 21,942 208,220186,680 287.200 287,200 (86,160) (57,440) 323,100 222,580 (64,620) (50,260) $1,076,612 $970,736
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