ACC 203
ACC 203 Condensed financial data of Saffordville Company are shown below
ACC 203 Condensed financial data of Saffordville Company are shown below SAFFORDVILLE COMPANY Comparative Balance Sheets December 31 Assets 2017 2016 Cash $102,700 $ 33,400 Accounts receivable 60,800 37,000 Inventory 126,900 102,650 Investments 79,500 107,000 Equipment 315,000 205,000 Accumulated depreciation—equipment (44,500) (40,000) Total $640,400 $445,050 Liabilities and Stockholders’ Equity Accounts Read more…