Comparative For the years ended December 31 Year 2 Year 1 $53.2 44.3 254.1 243.9 $595.5 $84.5 Cash Accounts receivable Merchandise inventory Plant assets (net) Total assets 57.2 285.8 283.0 $710.5 Accounts payable Bonds payable Common stock Retained earnings otal liabilities & equity $115.8 112.2 309.6 172.9 $710.5 $68.3 169.9 279.3 78.0 $595.5 Silverlight Company Comparative Balance sheets (in $000) For the years ended December 31 Year 2 Year 1 Cash ccounts receivable Herchandise inventory lant assets (net) otal assets ccounts payable onds payable ommon stock etained earnings otal liabilities & equity
Comparative For the years ended December 31 Year 2 Year 1 $53.2 44.3 254.1 243.9 $595.5 $84.5 Cash Accounts receivable Merchandise inventory Plant assets (net) Total assets 57.2 285.8 283.0 $710.5 Accounts payable Bonds payable Common stock Retained earnings otal liabilities & equity $115.8 112.2 309.6 172.9 $710.5 $68.3 169.9 279.3 78.0 $595.5 Silverlight Company Comparative Balance sheets (in $000) For the years ended December 31 Year 2 Year 1 Cash ccounts receivable Herchandise inventory lant assets (net) otal assets ccounts payable onds payable ommon stock etained earnings otal liabilities & equity
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Silverlight
Comparative Balance sheets (in $000)
For the years ended December 31
Year 2
Year 1
$53.2
Cash
Accounts receivable
Merchandise inventory
Plant assets (net)
Total assets
$84.5
57.2
285.8
44.3
254.1
243.9
$595.5
283.0
$710.5
Accounts payable
Bonds payable
Common stock
Retained earnings
Total liabilities & equity
$115.8
112.2
309.6
172.9
$710.5
$68.3
169.9
279.3
78.0
$595.5
Silverlight Company
Comparative Balance sheets (in $000)
For the years ended December 31
Year 2
Year 1
Cash
Accounts receivable
Merchandise inventory
Plant assets (net)
LI4
Total assets
Accounts payable
Bonds payable
Common stock
Retained earnings
Total liabilities & equity
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