Balance Sheet Assets Equity Events Accum Cash Acct Rec Inventory Equipment Land Building Acct Payable Liabilities Dividend Notes Wages Payable Payable Payable $5,50,000 Common Stock APIC Retained Earnings Depr $5,50,000 $15,00,000 -$3,00,000 $5,50,000 $9,50,000 $3,00,000 $28,750 $28,750 $52,500 $52,500 -$17,250 -$17,250 -$70,000 $70,000 -$17,250 -$17,250 $2,55,000 $2,55,000 $6,12,500 $6,12,500 -$2,59,000 -$2,59,000 $4,72,500 $4,72,500 -$1,18,600 -$1,18,600 $3,98,750 $3,98,750 1) 2) 3) 4) 5) 6) 7) 8) 9) 10) 11) 12) 13) 14) 15) 16) 17) 18) 19) 20) 21) 22) 23) 24) 25) 26) 27) 28) $7,00,000 $7,00,000 -$2,90,250 -$2,90,250 $7,35,000-$7,35,000 -$2,94,150 -$2,94,150 $3,45,000 $3,45,000 -$30,000 -$75,708 -$40,000 $1,50,000 -$87,500 -$88,500 -$30,000 $75,708 -$40,000 -$1,50,000 -$87,500 $38,500 -$37,429 -$10,000 -$50,000 $37,429 $10,000 $21,15,792 $10,000 $10,000 $0 $5,00,000 $87,500 $4,61,000 $3,00,000 $0 SO $37,429 $5,97,500 $0 $5,50,000 $9,50,000 $3,29,363 Statement on Stockholders' Equity Year 1 Beginning Common Stock Plus: common stock issued Plus: additional paid in capital Ending Common Stock $ $ Beginning Retained Earnings Plus: Net Income Less: Dividends Ending Retained Earnings $ $ Total Stockholders' Equity $