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AMB Company's tabular analysis at the beginning of October consisted of the following balances: Assets Cash + Accts. Rec. $9,500 $500 = Liabilities + Accts.
AMB Company's tabular analysis at the beginning of October consisted of the following balances: Assets Cash + Accts. Rec. $9,500 $500 = Liabilities + Accts. Pay. $3,000 Stockholders' Equity Common Stock $7,000 Retained Earnings Rev. Exp. Beg. Bal. During October, the company issued additional shares of stock for proceeds of $2,000. After recording this transaction in the tabular analysis, the company would report: Assets $12,000 = Liabilities $3,000 + Stockholders' Equity $9,000 Assets $9,500 = Liabilities $3,000 + Stockholders' Equity $6,500 Assets $10,000 = Liabilities $3,000 + Stockholders' Equity $9,000 Assets $8,000 = Liabilities $3,000 + Stockholders' Equity $5,000
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