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At the beginning of 2018, Better Corp's accounting records had the following general ledger accounts and balances: BETTER CORP. Accounting Equation Accounting Titles for Retained

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At the beginning of 2018, Better Corp's accounting records had the following general ledger accounts and balances: BETTER CORP. Accounting Equation Accounting Titles for Retained Earnings Assets -Liabilities + Notes Payable 12,8e0 Stockholders' Equity Common Retained Stock Event Cash Land Earnings 7,8e9 11,e00 1/1/2818 1e,ee0 20,eee Better Corp. completed the following transactions during 2018: es 1. Purchased land for $5,000 cash. 2. Acquired $25,000 cash from the issue of common stock. 3. Received $75,000 cash for providing services to customers 4. Paid cash operating expenses of $42,000. 5. Borrowed $10,000 cash from the bank. 6. Paid a $5,000 cash dividend to the stockholders 7. Determined that the market value of the land purchased in event 1 is $35,000 Check my work Required a. Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. b. As of December 31, 2018, determine the total amount of assets, liabilities, and stockholders' equity and present this information in the form of an accounting equation. c. What is the amount of total assets, liabilities, and stockholders' equity as of January 1, 2019 Complete this question by entering your answers in the tabs below. Req A Req B and C Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Ea column. Provide the appropriate titles for these accounts in the last column of the table. (Enter any decreases to account balances with a minus Select "NA" if there is no effect on the "Accounts Titles for Retained Earnings".) Shov BETTER CORPORATION Next> Complete this question by entering your answers in the tabs below. Req A Req B and C As of December 31, 2018, determine the total amount of assets, liabilities, and stockholders' equity and present this information in the form of an accounting equation. What is the amount of total assets, liabilities, and stockholders' equity as of January 1, 2019? AssetsLiabilities Stockholders' Equity b. . K Req A Req B and C

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