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GILMOUR COMPANY Comparative Balance Sheet As of December 31, 2013 and 2012 Decem

ID: 2507875 • Letter: G

Question

GILMOUR COMPANY

Comparative Balance Sheet

As of December 31, 2013 and 2012

December 31

Increase or (Decrease)

2013

2012

$ Change

% Change

(1,000,000)

(750,500)

$3,340,510

$2,786,910

570,020

553,050

$3,340,510

$2,786,910


GILMOUR COMPANY

Comparative Balance Sheet

As of December 31, 2013 and 2012

December 31

Increase or (Decrease)

Assets

2013

2012

$ Change

% Change

Cash $180,200 $274,300 $ Accounts receivable (net) 219,800 155,300 Short-term investments 269,800 150,900 Inventories 1,060,000 980,200 Prepaid expense 25,710 25,710 Fixed assets 2,585,000 1,951,000 Accumulated depreciation

(1,000,000)

(750,500)

$3,340,510

$2,786,910

Liabilities and Stockholders' Equity Accounts payable $50,790 $74,960 Accrued expenses 169,300 199,600 Bonds payable 450,400 189,300 Capital stock 2,100,000 1,770,000 Retained earnings

570,020

553,050

$3,340,510

$2,786,910

Explanation / Answer

What do you want from the given balance sheet