17 ed Below is an alphabetical list of accounts and their respective 12 31 20 year end balances for Avent Corp 2020 was the first year of Avent's business Account Name Account Balance ut of question Accounts Payable $25,000 Accounts Receivable 40,000 Cash 30,000 Common Stock 20,000 Dividends 8,000 142,000 10,000 Equipment Note Payable Prepaid Insurance Rent Expense Salaries Expense Service Revenue Supplies Supplies Expense Utilities Expense 4,000 34,000 65,000 277000 1,000 3,000 5,000 Question Using the above balances, what should be the amount reported on the 2020 financial statements for each of the following five items Reminder do not include currency symbols, cents or decimals in your responses Answers A Net income $ B Ending Retaining Earnings $ C Total Assets $ D Total Liabilities $ E Total Stockholders' Equity $

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17 ed Below is an alphabetical list of accounts and their respective 12 31 20 year end balances for Avent Corp  2020 was the first year of Avent's business  Account Name Account Balance ut of question Accounts Payable $25,000 Accounts Receivable 40,000 Cash 30,000 Common Stock 20,000 Dividends 8,000 142,000 10,000 Equipment Note Payable Prepaid Insurance Rent Expense Salaries Expense Service Revenue Supplies Supplies Expense Utilities Expense 4,000 34,000 65,000 277000 1,000 3,000 5,000 Question  Using the above balances, what should be the amount reported on the 2020 financial statements for each of the following five items  Reminder  do not include currency symbols, cents or decimals in your responses  Answers  A  Net income  $ B  Ending Retaining Earnings  $ C  Total Assets  $ D  Total Liabilities  $ E  Total Stockholders' Equity  $

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17 ed Below is an alphabetical list of accounts and their respective 12/31/20 year-end balances for Avent Corp. 2020 was the first year of Avent's

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