Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missingamounts. BULLDOG, INC. Income Statement BULLDOG,

Below are incomplete financial statements for Bulldog, Inc.

Required:
Calculate the missingamounts.

Transcribed Image Text:

BULLDOG, INC. Income Statement BULLDOG, INC. Statement of Stockholders' Equity Common Retained Total $39,000 Stock Earnings S. Equity $10,000 $7,000 $17,000 1,100 Revenues Expenses Salaries Beginning balance ssuances Add: Net income Less: Dividends Ending balance 1,100 Advertising 6,000 4,000 Utilities 3,000 3,000) $11.100 $10,000 $21,100 Net income BULLDOG, INC. Balance Sheet Assets Liabilities Cash Accounts receivable Supplies Equipment S 4,000 3,000 9,000 10,000 Accounts payable Stockholders' Equity Common stock Retained earnings Total liabilities and stockholders' equity Total assets $26,000