At December 31, 20X2 and December 31, 20X1 Assets Current Assets Cash and cash equivalents Trading Securities Accounts r

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At December 31 20x2 And December 31 20x1 Assets Current Assets Cash And Cash Equivalents Trading Securities Accounts R 1 (337.21 KiB) Viewed 12 times

At December 31, 20X2 and December 31, 20X1 Assets Current Assets Cash and cash equivalents Trading Securities Accounts receivable Allowance for doubtful accounts Accounts receivable, net Inventories Prepaid expenses and other receivables Available-for-sale securities Total current assets Property, plant and equipment, net Intangible Assets Total assets Liabilities and Shareholders' Equity 2 Current Liabilities 3 Salaries Payable 4 5 6 Employee Federal Income Taxes Payable 7 State Unemployment Taxes Payable Federal Unemployment Taxes Payable Notes payable or current portion of long-term debt Accounts payable FICA-Social Security Taxes Payable FICA-Medicare Taxes Payable 19 30 31 Total current liabilities Long-term debt 34 Total liabilities 40 Total shareholders' equity 41 Total liabilities and shareholders' equit. $ Balance Sheet $ $ $ 11 11 $ $ $ $1 $ 339,625 4 $ €1 $ € $ $ 36 Shareholders' equity 37 Common stock, $10 per value; 50,000 shares authorized; 20,000 shares issued and outst: $ Retained earnings $ 20X2 $ 11 | 247,226 48,000 28,000 (5,000) 23,000 2,450 1,200 17,750 404,550 300 744.475 75,000 10,540 2,465 8,500 756 84 11 41 136.375 24,000 15,030 204,400 340.775 275,000 128,700 D 20X1 llar Change 2 Change 168,010 39,600 19,500 (2,900) 16,600 3,600 750 14,005 242,565 299,050 300 541-915 66,950 7,682 1,797 6,000 540 60 24,000 124,079 128,400 252.479 220,000 69,436 E € 403,700 289,436 541-915