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complete a horizontal analysis for brown company Comparative Balance Sheet December 31,...

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Accounting

complete a horizontal analysis for brown company image
Comparative Balance Sheet December 31, 2020 and 2019 2019 Increase Decrease Amount points 15.500 R 150 18.850 Current assets Cash Accounts receivable Merchandise inventory Prepaid advertising Total current assets Plant and equipment: Building (net) Land 10,360 13.000 22.650 45,150 01.750 54 200 Print 100.750 $ 120,100 $ References 120, 150 00,500 210,000 $ Total plant and equipment Total assets 218.650 317.350 S 308,400 Liabilities Accounts payable Salaries payable 132.150 22.650 154,800 18.100 Total current liabilities 138.200 Long-term abilities 99 150 87103 Mortgage note payable Total liabilities 253.950 225,300 Owner's Equity J. Brown capital Total abilities and owner's equity 83.100 308 400 317 350 S

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