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As of May 1, Barb Dwyer Security Services had total retained earnings of $102,000. During May, it wrote checks for $18,000 in salaries expense, $30,000
As of May 1, Barb Dwyer Security Services had total retained earnings of $102,000. During May, it wrote checks for $18,000 in salaries expense, $30,000 in prepaid expenses, and $28,000 in rent expense. It also accrued sales revenues of $81,000. None of the expenses had been previously accrued, and none of the prepaid expenses were used in May. Assuming no other transactions occurred during May, what is Barb Dwyer Security Services' total stockholders' equity as of May 31? (Numbers only. Do not use dollar signs, commas or decimals.) As of May 1, Barb Dwyer Security Services had total retained earnings of $102,000. During May, it wrote checks for $18,000 in salaries expense, $30,000 in prepaid expenses, and $28,000 in rent expense. It also accrued sales revenues of $81,000. None of the expenses had been previously accrued, and none of the prepaid expenses were used in May. Assuming no other transactions occurred during May, what is Barb Dwyer Security Services' total stockholders' equity as of May 31? (Numbers only. Do not use dollar signs, commas or decimals.)
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