Sunday, May 30, 2010

Brief Exercise 15-3 (BE15-3) Using the following data from the comparative balance sheet of Rodenbeck Company

ACC 280 / XACC 280

Axia College of University of Phoenix (UoP)

Principles of Accounting

Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2008). Financial Accounting (6th ed.). Hoboken, NJ: Wiley.

ACC 280 / XACC 280 Solution
Help in ACC 280
Help in XACC 280


Brief Exercise 15-3 (BE15-3)
Using the following data from the comparative balance sheet of Rodenbeck Company, illustrate horizontal analysis.
December 31, 2009 December 31, 2008
Accounts receivable $ 520,000 $ 400,000
Inventory $ 840,000 $ 600,000
Total assets $ 3,000,000 $2,500,000

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