00303 t0 Bttount badlances with minus slgn.) a Assets Liabilities Stockholders' Equity Notes Payable Cash Com. Retained Earnings 25,000 + Land Acct Title/RE Stock Beg. Bal 90,000 + Event No. 1 NA NA + 68,000+ NA NA 2. NA NA+ NA+ Revenue 3. (57,000) NA NA + NA+ (57,000) Expenses 4. (14,000) NA NA + NA+ Dividend (50,000) NA + NA NA NA 5. + (10,000) NA+ NA NA + (10,000) NA + 6 40,000 + 123,000 77,000 + Totals The following table shows the transactions experienced by J G Gutter Works (JGGW), during Year 7. Assume all transactions shown in the accounting equation are cash transactions. Required a. Calculate the missing amounts in the following table. (Enter any decreases to account balances with a minus sign.) b. Is there sufficient cash available to repay the debt on January 1, Year 8. c. Based on the information in the Required a, what is the maximum cash dividend JGGW could pay on January 1, Year 8? eBook Print Complete this question by entering your answers in the tabs below. eferences Required A Required B Required C Calculate the missing amounts in the following table. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity Notes Payable Com. Stock Retained Acct Title/RE Cash Land Earnings Beg. Bal 90,000 ol + 25,000 + Event No. 1 NA NA+ 68,000 NA NA NA NA. NA+ Revenue 3. (57,000) NA NA + NA+ (57,000) Expenses (14,000) NA NA. NA+ Dividend 5 (50,000)+ NA. NA+ NA NA 6. NA (10,000) (10,000) NA NA NA + +