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    This document contains balance sheet information for 2010 and 2011. In 2010, total assets of $14,419 equaled total liabilities of $3,364 plus owners' equity of $9,754. In 2011, total assets of $14,998 equaled total liabilities of $3,958 plus owners' equity of $9,843, showing an increase in both assets and liabilities but a similar amount of owners' equity between the two years.

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    This document contains balance sheet information for 2010 and 2011. In 2010, total assets of $14,419 equaled total liabilities of $3,364 plus owners' equity of $9,754. In 2011, total assets of $14,998 equaled total liabilities of $3,958 plus owners' equity of $9,843, showing an increase in both assets and liabilities but a similar amount of owners' equity between the two years.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    11 views4 pages

    PG 55

    Uploaded by

    api-347780793
    This document contains balance sheet information for 2010 and 2011. In 2010, total assets of $14,419 equaled total liabilities of $3,364 plus owners' equity of $9,754. In 2011, total assets of $14,998 equaled total liabilities of $3,958 plus owners' equity of $9,843, showing an increase in both assets and liabilities but a similar amount of owners' equity between the two years.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Asset = Liability + Owners Equity

    14,419 3,364 9,754


    446
    855
    Total 14,419 = 4,665 + 9,754

    14,419 = 14,419
    2010
    Asset = Liability +
    14,998 3,958
    276
    921
    Total 14,998 = 5,155 +

    14,998 = 14,998
    Owners Equity 2011
    9,843

    9,843

    4,998

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