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25. Use Oma Bean Corporation's adjusted trial balance to prepare Oma Bean's statement of stockholders' equity for 2019. There were no stock issuances or repurchases
25. Use Oma Bean Corporation's adjusted trial balance to prepare Oma Bean's statement of stockholders' equity for 2019. There were no stock issuances or repurchases during 2019. Credit OMA BEAN CORPORATION Adjusted Trial Balance For Year Ending December 31, 2019 Debit Cash $ 44,000 Accounts receivable 28,000 Equipment 376,000 Accumulated depreciation Notes payable Common stock Retained earnings Service fees earned Rent expense 44,000 Salaries expense 116,000 Depreciation expense 42,000 Totals $650,000 $ 72,000 60,000 130,000 62,000 326,000 0 $650,000
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