PREPARE A VERTICAL ANALYSIS FOR THE COMPARATIVE STATEMENT OF COMPREHENSIVE INCOME

PREPARE A VERTICAL ANALYSIS FOR THE COMPARATIVE STATEMENT OF COMPREHENSIVE INCOME

PREPARE A VERTICAL ANALYSIS FOR THE COMPARATIVE STATEMENT OF COMPREHENSIVE INCOME

PREPARE A VERTICAL ANALYSIS FOR THE COMPARATIVE STATEMENT OF COMPREHENSIVE INCOME

PLEASE MAKE YOUR ANSWERS CLEAR AND READABLE TO GET UPVOTE

PLEASE MAKE YOUR ANSWERS CLEAR AND READABLE TO GET UPVOTE

PLEASE MAKE YOUR ANSWERS CLEAR AND READABLE TO GET UPVOTE

PLEASE MAKE YOUR ANSWERS CLEAR AND READABLE TO GET UPVOTE

48.6. Solving the Problem Merchandise for the year 2018 and 2019: Presented below is the Comparative Financial Statements of Tan General TAN GENERAL MERCHANDISE Comparative Statement of Financial Position For the Year 2018 & 2019 2018 2019 ASSETS Cash Accounts Receivable Inventory Prepaid Rent Total Current Assets 87,400.00 69,920.00 218,500.00 4.370.00 380,190.00 110,000.00 90,000.00 129,000.00 12.000.00 341,000.00 Land Building Total Noncurrent Assets 493,810.00 500,000.00 993,810.00 550,000.00 600 000.00 1.150,000.00 1,491,000.00 TOTAL ASSETS LIABILITIES Accounts Payable Notes payable Total Current Liabilities 1,374,000.00 OIL 250,000.00 so150,000.00 400,000.00 200,000.00 300,000.00 500,000.00 Mortgage Payable Loan Payable Total Noncurrent Liabilities 160,000.00 150,000.00 310,000.00 180,000.00 200,000.00 380,000.00 710,000.00 880,000.00 TOTAL LIABILITIES OWNER'S EQUITY Tan, Capital Total Liabilities & Owner's Equity 664,000.00 1,374,000.00 611,000.00 1,491,000.00