hw4.4 - Rachel's Restaurant Balance Sheet Dec. 31, 20XX...

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Rachel's Restaurant Balance Sheet Dec. 31, 20XX Last Year This Year $ Change Assets Current Assets Cash $63,049.00 $57,317.00 -$5,732.00 Marketable Securities $104,615.00 $130,769.00 $26,154.00 Net Recievables $64,000.00 $80,000.00 $16,000.00 Inventories $48,363.00 $34,545.00 -$13,818.00 Total Current Assets $280,027.00 $302,631.00 $22,604.00 Investments $323,488.00 $248,837.00 -$74,651.00 Property and Equipment Land $206,053.00 $206,053.00 $0.00 Building $418,665.00 $418,665.00 $0.00 Furnishing and Equipment $267,223.00 $205,556.00 -$61,667.00 Less Accumulated Depreciation $142,710.00 $135,429.00 -$7,281.00 Net Property and Equipment $749,231.00 $694,845.00 -$54,386.00 Other Assets $12,651.00 $15,814.00 $3,163.00 Total Assets $1,365,397.00 $1,262,127.00 -$103,270.00 Liabilities and Owner's Equity Current Liabilities Accounts Payable $253,354.00 $142,439.00 -$110,915.00 Notes Payable
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This note was uploaded on 04/29/2009 for the course HB 302 taught by Professor Staff during the Spring '08 term at Michigan State University.

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hw4.4 - Rachel's Restaurant Balance Sheet Dec. 31, 20XX...

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