In: Finance
Total liabilities and stockholders equity | Prior year | current year |
Accounts payable | 3186 | 5969 |
Accruals | 5646 | 6132 |
current portion of long term debt | 500 | 500 |
Long term debt | 16720 | 22498 |
Note payable | 4066 | 6519 |
stockholders equity | ||
common stock | 2850 | 2850 |
Additional paid in capital | 20196 | 13092 |
Retained earning | 35818 | 34477 |
Total liabilities and equity | 88982 | 92037 |
Total asset =Total liabilities+ equity
Total asset | Prior year | current year |
Total Asset | 88982 | 92037 |
Less:All asset other than cash | ||
Accounts receivable | -6872 | -9015 |
Inventory | -3098 | -6709 |
Net fixed asset | -75083 | -73942 |
Cash | 3929` | 2371 |
Change in cash from the prior year to the current year = current year cash -prior year cash
= 2371 -3929
= - 1558