Question: COLATOR PRINTER Problem 24-4 Presented below is the comparative balance sheet for Ayayai Company. AYAYAI COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2018 AND

 COLATOR PRINTER Problem 24-4 Presented below is the comparative balance sheet
for Ayayai Company. AYAYAI COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31,
2018 AND 2017 December 31 2018 2017 Assets Cash Accounts receivable (net)
Short-term investments Inventories Prepaid expenses Plant & equipment Accumulated depreciation $181,800 $275,600

COLATOR PRINTER Problem 24-4 Presented below is the comparative balance sheet for Ayayai Company. AYAYAI COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2018 AND 2017 December 31 2018 2017 Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Plant & equipment Accumulated depreciation $181,800 $275,600 155,100 149,700 1,052,200 988,800 25,000 2,581,200 1,965,400 220,000 268,600 25,000 (1,007,300) (744,500) $3,321,500 $2,815,100 Liabilities and Stockholders' Equity Accounts payable Accrued expenses Bonds payable Capital stock Retained earnings $74,500 200,700 189,200 2,081,600 1,798,800 551,900 3,321,500 $2,815,100 $49,800 169,300 446,700 574,100

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