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As of December 31, 2018, Moss Company had total cash of $155,000, notes payable of $85,500, and common stock of $52,300. During 2019, Moss earned

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As of December 31, 2018, Moss Company had total cash of $155,000, notes payable of $85,500, and common stock of $52,300. During 2019, Moss earned $35,000 of cash revenue, paid $19,500 for cash expenses, and paid a $2,900 cash dividend to the stockholders. Required a. Determine the amount of retained earnings as of December 31, 2018 b.&c. Record the beginning account balances, revenue, expense, and dividend events under the appropriate elements of the accounting equation Complete this question by entering your answers in the tabs below. Req A Req B and C Determine the amount of retained earnings as of December 31, 2018. Retained earnings ReGA Red Band C > As of December 31, 2018, Moss Company had total cash of $155,000, notes payable of $85,500, and common stock of $52,300. During 2019, Moss earned $35,000 of cash revenue, paid $19,500 for cash expenses, and paid a $2,900 cash dividend to the stockholders Required a. Determine the amount of retained earnings as of December 31, 2018. b.&c. Record the beginning account balances, revenue, expense, and dividend events under the appropriate elements of the accounting equation Complete this question by entering your answers in the tabs below. ReqA Reg B and C Record the beginning account balances, revenue, expense, and dividend events under the appropriate elements of the accounting equation. (Enter any decreases to account balances with a minus sign.). MOSS COMPANY Effect of 2019 Transactions on the Accounting Equation Assets Liabilities Stockholders' Equity Event Cash Notes Common Retained Payable Stock Earnings Beginning balance 1. Earned revenue 2. Paid expenses 3. Paid dividend Ending balance 0 = 0 0 + 0 + +

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