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Comparative Balance Sheet
Account TitlePercentPercentDRCRDRCRCash10,00015.5%15,50023.6%Accounts Receivable6,2009.6%6,3009.6%Prepaid Rent3,5005.4%4,0006.1%Inventory8,00012.4%7,50011.4%Supplies5000.8%8001.2%Land25,00038.7%25,00038.1%Build15,00023.2%15,00022.8%Acc. Depr. Building9,00013.9%12,00018.3%Equipment9,00013.9%9,00013.7%Acc. Depr. Equipment3,6005.6%5,4008.2%Total Assets64,600100.0%65,700100.0%20102011
Morrison Pet Suppply CompanyVertical Analysis
Vertical Analysis of a Balance Sheet
LiabilitiesNotes Payable9,00013.9%9,00013.7%Accounts Payable4,0006.2%4,5006.8%Salaries & Wages Payable1,2001.9%1,2001.8%Unearned Pet Supplies Revenues2500.4%2500.4%Total Liabilities 14,45022.4%14,95022.8%Common Stock33,00051.1%33,00050.2%Retained Earnings17,15026.5%17,75027.0%Total Stockholders' Equity50,15077.6%50,75077.2%Total Liabilities & Stockholders'Equity64,600100.0%65,700100.0%
 
Account Title Percent PercentDR CR DR CRCash 10000 =B11/$B$21 15500 =E11/$E$21Accounts Receivable 6200 =B12/$B$21 6300 =E12/$E$21Prepaid Rent 3500 =B13/$B$21 4000 =E13/$E$21Inventory 8000 =B14/$B$21 7500 =E14/$E$21Supplies 500 =B15/$B$21 800 =E15/$E$21Land 25000 =B16/$B$21 25000 =E16/$E$21Build 15000 =B17/$B$21 15000 =E17/$E$21Acc. Depr. Building =B17*0.2*3 =C18/$B$21 =E17*0.2*4 =F18/$E$21Equipment 9000 =B19/$B$21 9000 =E19/$E$21Acc. Depr. Equipment =B19*0.2*2 =C20/$B$21 =E19*0.2*3 =F20/$E$21Total Assets =SUM(B11:B20)-C18-C20 =B21/$B$21 =SUM(E11:E20)-F18-F20 =E21/$E$21LiabilitiesNotes Payable 9000 =C24/$B$21 9000 =F24/$F$32Accounts Payable 4000 =C25/$B$21 4500 =F25/$F$32Salaries & Wages Payable 1200 =C26/$B$21 1200 =F26/$F$32
Formula Page
Morrison Pet Suppply CompanyVertical Analysis
2010 2011
Comparative Balance Sheet
Vertical Analysis of a Balance Sheet
Unearned Pet Supplies Revenues 250 =C27/$B$21 250 =F27/$F$32Total Liabilities =SUM(C24:C27) =C28/$B$21 =SUM(F24:F27) =F28/$F$32Common Stock 33000 =C29/$B$21 33000 =F29/$F$32Retained Earnings 17150 =C30/$B$21 17750 =F30/$F$32Total Stockholders' Equity=SUM(C29:C30) =C31/$B$21 =SUM(F29:F30) =F31/$F$32Total Liabilities & Stockholders'Equity=C28+C31 =C32/$B$21 =F28+F31 =F32/$F$32
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