Question: View Policies Current Attempt in Progress Shown below are comparative balance sheets for Shamrock Company. Shamrock Company Comparative Balance Sheets December 31 Assets 2022 2021
View Policies Current Attempt in Progress Shown below are comparative balance sheets for Shamrock Company. Shamrock Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 136,000 $44,000 Accounts receivable 176,000 152,000 Inventory 334,000 378,000 Land 160,000 200,000 Equipment 520,000 400,000 Accumulated depreciation-equipment (64,000) (132,000) $1,194,000 Total $1,110,000 Liabilities and Stockholders' Equity Accounts payable $78,000 $86,000 Bonds payable 300,000 400,000 422000 249.000 View Policies Current Attempt in Progress Shown below are comparative balance sheets for Shamrock Company. Shamrock Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 136,000 $44,000 Accounts receivable 176,000 152,000 Inventory 334,000 378,000 Land 160,000 200,000 Equipment 520,000 400,000 Accumulated depreciation-equipment (64,000) (132,000) $1,194,000 Total $1,110,000 Liabilities and Stockholders' Equity Accounts payable $78,000 $86,000 Bonds payable 300,000 400,000 422000 249.000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
