Question: complete the spreadsheet with calculations and explanations. and possible questions BALANCE SHEET begin{tabular}{|c|c|c|c|c|c|c|c|c|} hline & & 2020a & & 2021a & & 2022e & 2023e

complete the spreadsheet with calculations and explanations. and possible questions
 complete the spreadsheet with calculations and explanations. and possible questions BALANCE

BALANCE SHEET \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline & & 2020a & & 2021a & & 2022e & 2023e & 2024e \\ \hline \multicolumn{9}{|l|}{ Current assets } \\ \hline Cash & $ & 84.00 & $ & 146.00 & $ & 722.74 & $1,565.93 & $2,400.90 \\ \hline Accounts receivable & $ & 165,00 & $ & 188.00 & $ & 206.80 & 279.63 & $440.42 \\ \hline Inventory & $ & 393.00 & $ & 422.00 & $ & 464.20 & 487.87 & $462.44 \\ \hline Total & $ & 642.00 & $ & 756.00 & $ & 1,393.74 & $2,333.43 & $3,303.76 \\ \hline \multicolumn{9}{|l|}{ Fixed assets } \\ \hline Net plant and equipment & $ & 2,731.00 & $ & 2,880.00 & $ & 2,604,00 & $2,328.00 & $2,052.00 \\ \hline Total assets & $ & 3,373,00 & $ & 3,636.00 & $ & 3,997.74 & $4,661.43 & $,355.76 \\ \hline \multicolumn{9}{|c|}{ Labilities and Owners' Equity } \\ \hline \multicolumn{9}{|c|}{ Current liabilities } \\ \hline Accounts payable & $ & 312.00 & s & 344.00 & $ & 378.40 & 455.35 & 554.93 \\ \hline Notes payable & $ & 231.00 & $ & 196.00 & $ & 136.00 & 136.00 & 136,00 \\ \hline Total & $ & 543.00 & 5 & 540.00 & $ & 514.40 & 591.35 & 690.93 \\ \hline Long-term debt & $ & 531.00 & $ & 457.00 & $ & 457.00 & 600.00 & 800.00 \\ \hline \multicolumn{9}{|l|}{ Owners' equity } \\ \hline Common stock and paid-in surplus & $ & 500.00 & $ & 550.00 & $ & 550.00 & $550.00 & 550.00 \\ \hline Retained earnings & $ & 1,799.00 & $ & 2,089.00 & $ & 2,476.34 & $2,920.09 & $3,314,84 \\ \hline Total & $ & 2,299.00 & $ & 2,639.00 & $ & 3,026.34 & $3,470.09 & $3,864,84 \\ \hline Total liabilities and owners' equity & $ & 3,373.00 & $ & 3,636.00 & $ & 3,997.74 & $4,661.43 & $5,355.76 \\ \hline Control & & & & & $ & = & $ & $ \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!