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Express the balance sheet for both years

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Question - The comparative balance sheet for Golden Company appears below:

Golden Company Comparative Balance Sheet December 31, 2020 and 2019

 

December 31, 2020

December 31, 2019

Assets

 

 

Cash

$49,600

$34,200

Accounts Receivable

74,400

85,500

Inventory

148,800

125,400

Plant Assets (net)

347,200

324,900

Total Assets

$620,000

$570,000

Liabilities and Stockholders' Equity

 

 

Accounts Payable

$117,800

$51,300

Bonds Payable

130,200

159,600

Common Stock

266,600

279,300

Retained Earnings

105,400

79,800

Total Liabilities and Stockholders' Equity

$620,000

$570,000

Required - Express the balance sheet for both years in common-size percentages.

Reference no: EM132695159

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