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$1,030 The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the

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$1,030 The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $119,800 and the retained earnings were $56,000 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $24,600 in stock. Accounts payable $1,840 Miscellaneous expense Accounts receivable 10,720 Office expense 1,200 Cash 18,430 Supplies 1,670 Fees earned 71,820 Wages expense 22,720 Land 46,500 Dividends 15,990 Building 155,800 I Prepare a balance sheet for the current year ended March 31. Thompson's Computer Services Balance Sheet March 31 Assets 11 Building 155,800 Prepare a balance sheet for the current year ended March 31. Thompson's Computer Services Balance Sheet March 31 Assets I Total assets Liabilities Stockholders' Equity Total liabilities and stockholders' equity

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