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Help Group A Problem 23-1A Objectives...

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Accounting

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Group A Problem 23-1A Objectives To prepare a comparative balance sheet with horizontal analysis The 20X3 and 20X4 balance sheets for Carson Company follow: Carson Company Comparative Balance Sheet December 31, 20X3 and 20X4 20X3 20x4 Assets Cash Marketable securities Accounts receivable Inventornes Prepaid expenses Plant assets (net) $ 126 00000S 180 0 00 00 129 0 00 00 453 00000 145 00000 167 000 00 755 60000 384 30000 24 4 0000 157 0000 1820 0 00 00 1.600 0 00 00 $3,000 0 00 00 s2800 000 00 Total assets Liabilities Accounts payable Accrued liabilities Bonds payable, due in 10 years s 344 6 0o 00 $ 304 1 0000 155 4 00 00 959 0000 200000 00 500 00000 S 7000 00,00 $ 900 00000 Total liabilities Stocknoiders Equity Common stock. $10 par Retained earnings . Total stockholders equity Total Rabilities and stockholders' equity $1.450 0 00 00 $1 .350000 00 850000 00 550000 00 $2.300 0 00 00 $1.,900 0 00 0o $3,000 0 00 00 52 800000 00

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