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Accounting

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Presented below is the comparative balance sheet for Metlock Company. Liabilities and Stockholders' Equity \begin{tabular}{lrr} Accounts payable & $50,500 & $74,500 \\ Accrued expenses & 171,500 & 198,400 \\ Bonds payable & 453,600 & 191,000 \\ Common stock & 2,120,800 & 1,777,500 \\ Retained earnings & 558,000 & 533,300 \\ & $3,354,400 & $2,774,700 \\ \hline \end{tabular} Prepare a comparative balance sheet of Metlock Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, e.g. 2.25\%.) \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Liabilities and Stockholders' Equity } \\ \hline Accounts payable & $50,500 & % & $74,500 & % \\ \hline Accrued expenses & 171,500 & % & 198,400 & % \\ \hline Bonds payable & 453,600 & % & 191,000 & % \\ \hline Common stock & 2,120,800 & % & 1,777,500 & % \\ \hline Retained earnings & 558,000 & % & 533,300 & % \\ \hline Total & $3,354,400 & % & $2,774,700 & % \\ \hline \end{tabular}

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