ACC 560 MART Motivated Minds/acc560mart.com ACC 560 MART Motivated Minds/acc560mart.com | Page 67

2017
2016
Cash
$14,300
$10,700
Accounts receivable
21,200
23,400
Land
20,000 26,000
Buildings
70,000 70,000
Accumulated depreciation—buildings
(15,000)
(10,000)
________ _________
Total
$110,500 $120,100
Accounts payable
$12,370
$31,100
Common stock
75,000
69,000
Retained earnings
23,130
20,000
_________ _________
Total
$110,500 $120,100