Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31...
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Accounting
Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment $17 570 165 S 26 360 230 Less accumulated depreciation Net property, plant, and equipment Long-term investment:s Total assets 760 670 70 600 622 560 50 510 46 $1,178 $1,365 Liabilities and Stockholders Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity $ 380 30 83 493 350 843 351 $ 280 40 76 396 260 656 450 72 522 $1,178 522 Total 1iabilities and stockholders' equity $1,365
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