Solution-Express the balance sheet for both years

Express the balance sheet for both years

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Reference no: EM132695159

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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Express the balance sheet for both years

Reference no: EM132695159

Reference no: EM132695159

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