3. Not pictured at bottom of page isStockholders Equity : Common stock ____ Retained Earnings ___ Total Liabilities and Stock Holders' Equity ____

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 $119,000 and the retained earnings were $56,400 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $25,000 in stock. Accounts payable $1,830 Miscellaneous expense $1,050 Accounts receivable 10,150 Office expense 1,300 Cash 18,930 Supplies 1,670 Fees earned 70,090 Wages expense 22,610 Land 45,600 Dividends 15,910 Building 155,100 Prepare a balance sheet for the current year ended March 31. Thompson's Computer Services Balance Sheet March 31 Assets Cash 18,930 Accounts receivable 10,150 Supplies 1,670 Land 45,600 Building 155,100 Total assets Liabilities Accounts payable Stockholders' Faulty