Question: having trouble with the remaing incorrect bubbles (the ones that are red) The following are comparative balance sheets for Bonita Company. BONITA Company Comparative Balance

having trouble with the remaing incorrect bubbles
(the ones that are red)
The following are comparative balance sheets for Bonita Company. BONITA Company Comparative
Balance Sheets December 31 Assets 2022 2021 Cash $73,400 $33,100 Accounts receivable
85,800 71,200 Inventory 170,200 187,000 Land 72,800 101,000 Equipment 260,600 200,800 Accumulated
depreciation-equipment (66,100) (33,900) Total $596,700 $559,200 Liabilities and Stockholders' Equity Accounts payable

The following are comparative balance sheets for Bonita Company. BONITA Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $73,400 $33,100 Accounts receivable 85,800 71,200 Inventory 170,200 187,000 Land 72,800 101,000 Equipment 260,600 200,800 Accumulated depreciation-equipment (66,100) (33,900) Total $596,700 $559,200 Liabilities and Stockholders' Equity Accounts payable $35,000 $47,500 Bonds payable 151,400 203,400 Common stock ($1 par) 217,600 174.100 Retained earnings 192,700 134,200 Total $596,700 $559,200

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 Accounting Questions!