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AR-6: Links among financial statements; missing amounts Below are incomplete financial statements for Hester, Incorporated, Calculate the missing amounts. Income Statement Stmt of stk Equity
AR-6: Links among financial statements; missing amounts Below are incomplete financial statements for Hester, Incorporated, Calculate the missing amounts. Income Statement Stmt of stk Equity Balance Sheet Calculate the missing amounts. HESTER, INCORPORATED Income Statement Year ended December 31 Revenues Expenses: Salaries 38,200 Rent 10,900 Utilities 5,500 Net income AR-6: Links among financial statements; missing amounts Below are incomplete financial statements for Hester, Incorporated. Calculate the missing amounts. Income Stmt of stk Statement Equity Balance Sheet Calculate the missing amounts. HESTER, INCORPORATED Statement of Stockholders' Equity Year ended December 31 Common Retained Stock Earnings $ 17,000 $ 13,500 Beginning balance Issuances Add: Net Income Less: Dividends Ending balance 6,400 $ 22,600 $ 15,800 Pro 6 Next AR-6: Links among financial statements; missing amounts Below are incomplete financial statements for Hester, Incorporated. Calculate the missing amounts. Income Statement Stmt of Stk Equity Balance Sheet Calculate the missing amounts. $ HESTER, INCORPORATED Balance Sheet December 31, 2024 Liabilities: 19,700 Accounts payable 6,800 Stockholders' Equity: Common stock 10,500 Retained earnings Total liabilities and stockholders' equity $ $ Assets: Cash Accounts receivable Prepaid rent Land Total assets 4,500
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