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Financial statement data for Oriole Moving Company for 2024 follow. ORIOLE MOVING COMPANY Comparative...

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Accounting

Financial statement data for Oriole Moving Company for 2024 follow.
ORIOLE MOVING COMPANY
Comparative Statement of Financial Position
Dec. 31,2024
Dec. 31,2023
Assets
Cash
$68,600
$49,100
Accounts receivable
95,200
59,600
Prepaid insurance
29,800
19,800128,500
Accumulated depreciation
Total non-current assets
Total assets
$483,200
$367,600
Liabilities and shareholders' equity
Accounts payable
$21,500
$18,600
Wages payable
Total current liabilities
Bank loan
Total liabilities
Common shares
Retained earnings
Total shareholders' equity
Total liabilities and shareholders' equity
3,000
4,000
24,500
22,600
50,000,60,000
74,500200,00082,600200,000

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