Question: Saved The following financial statements and additional information are reported IKIBAN INC , Comparative Balance Sheets June 30, 2019 and 2018 2819 2018 $ 96,700

 Saved The following financial statements and additional information are reported IKIBAN

Saved The following financial statements and additional information are reported IKIBAN INC , Comparative Balance Sheets June 30, 2019 and 2018 2819 2018 $ 96,700 92,000 81,800 6, 200 276,700 142,000 (36,000) $382,700 $ 62,000 69,000 113,500 9.ee 253,500 133,000 (18,000) $368,500 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term Total liabilities Equity Common stock $5 par value Retained earnings Total liabilities and equity $ 43,000 7,800 5,200 56,000 45,000 104,000 $ 57,000 18,600 7,400 83,000 78,000 161,000 256,000 22,700 $362,700 178,000 29,500 $368,500 IKIBAN INS Prev B of 8 Saved The following financial statements and additional information are reported IKIBAN INC , Comparative Balance Sheets June 30, 2019 and 2018 2819 2018 $ 96,700 92,000 81,800 6, 200 276,700 142,000 (36,000) $382,700 $ 62,000 69,000 113,500 9.ee 253,500 133,000 (18,000) $368,500 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term Total liabilities Equity Common stock $5 par value Retained earnings Total liabilities and equity $ 43,000 7,800 5,200 56,000 45,000 104,000 $ 57,000 18,600 7,400 83,000 78,000 161,000 256,000 22,700 $362,700 178,000 29,500 $368,500 IKIBAN INS Prev B of 8

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