Ac557 Homework Problem Week 6

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    Ac557 - Homework Problem - Week 6.

    FANCY FOOTWORK COMPANY Comparative Balance Sheet 12/31/2013 and 2012 Assets 2013 Cash Receivables Inventory (ending) Plant Assets Accumulated Depreciation Long Term Investments Total Assets $260,000 $156,000 $180,000 $160,000 ($80,000) $80,000 $756,000 2012 $230,000 $120,000 $220,000 $135,000 ($76,000) $93,000 $722,000 Difference $30,000 $36,000 ($40,000) $25,000 ($4,000) ($13,000) $34,000 Change Increase Increase Decrease Increase Increase Decrease Increase Liabilities and Stockholders’ Equity

    Words: 386 - Pages: 2

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