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BADEC Corporation 12/31/2016 Assets Cash $485,600 Computer $7,000 AccDep-Computer $(1,745) Furniture $3,000 AccDep-Furniture $(321) Land $50,000 Total Assets $543,534 Liabilities Equity Retained Earnings $53,534 Stock-Anderson

BADEC Corporation

12/31/2016

Assets

Cash

$485,600

Computer

$7,000

AccDep-Computer

$(1,745)

Furniture

$3,000

AccDep-Furniture

$(321)

Land

$50,000

Total Assets

$543,534

Liabilities

Equity

Retained Earnings

$53,534

Stock-Anderson

$50,000

Stock-Bacon

$150,000

Stock-Cox

$100,000

Stock-Day

$50,000

Stock-Elders

$40,000

Stock-Fawcett

$80,000

Stock-Gonzalez

$20,000

Total Liabilities plus Equity

$543,534

Form 1120 template with only page 5 (Schedule L) completed.

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