n Some recent financial statements for Smolira Golf Corporation follow. Assets Current assets Cash Accounts receivable Inventory
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Some recent financial statements for Smolira Golf Corporation follow. Assets Current assets Cash Accounts receivable Inventory Total 2020 Total assets Fixed assets Net plant and equipment $331,695 SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities $ 24,116 $24,800 13,148 15,900 26,392 27,800 $ 63,656 $68,500 $ 365,500 $ 395,351 $ 434,000 Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity 2020 2021 $ 23,884 $27,800 17,000 11,500 12,271 15,700 $ 53,155 $ 55,000 $ 76,000 $80,259 $40,000 $40,000 226,196 258,741 $266,196 $ 298,741 $ 395,351 $ 434,000 Some recent financial statements for Smolira Golf Corporation follow. Assets Current assets Cash Accounts receivable Inventory Total 2020 Total assets Fixed assets Net plant and equipment $331,695 SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities $ 24,116 $24,800 13,148 15,900 26,392 27,800 $ 63,656 $68,500 $ 365,500 $ 395,351 $ 434,000 Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity 2020 2021 $ 23,884 $27,800 17,000 11,500 12,271 15,700 $ 53,155 $ 55,000 $ 76,000 $80,259 $40,000 $40,000 226,196 258,741 $266,196 $ 298,741 $ 395,351 $ 434,000
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